Zuckerberg addressed about 200 investors during the Palo Alto leg of Facebook's IPO roadshow, answering questions and laying out plans for 2012 and beyond. 1
Facebook has completed the first week of its roadshow appearances ahead of an initial public offering that could value the company at up to $96 billion when it lists its shares on the Nasdaq next week. 2
Many analysts are bullish about the stock, with Sterne Agee initiating coverage at "buy" and Wedbush Securities assigning Facebook an "outperform" rating, according to the Wall Street Journal. 2
Facebook CEO Mark Zuckerberg, whose limited role in promoting the No. 1 social network's market debut has drawn criticism, laid out its growth strategy to investors on Friday, saying that transforming its mobile and advertising experience are top priorities in 2012. 3
- Facebook's First Job, Post IPO? Fix Its Mobile App (Mashable!)
- Inside Facebook's Pre-IPO Hype (Inside Facebook)
- Facebook's Zuckerberg Says Mobile First Priority (Reuters)