Sounds good to me; it seems quite believable that major investment banks would use their positions as trusted advisors to encourage IPO'ing companies to use strategies that benefit the bank. That's what happens you use interested parties as your experts.

The press also seems to cover the stock market mostly as a casino, not as a money-raising or social capital-allocation mechanism. So stock rises==good, drops==bad. So the FB IPO "failed," even though the so-called failure mode actually raised Facebook more cash to expand its business than most alternative outcomes would've.