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Jorgen Poulsen's profile photo
Actually it's not necessarily true that 'Joe investor' can't get in at $50.

It all depends on how many shares they issue. How many shares they issue partly depends on who they target as investors.

If they want you and I to buy FB stocks then they need to issue a lot of stock so that everybody can afford to buy some.
I didn't say that Facebook was looking to sell their stock to any Facebook user who can breathe :)
A lot lower than you said in your original comment

If "Joe Investor" could really get into the Facebook IPO for $50 people would be jumping on it like white on rice.

I guess 'Joe Investor' will be jumping a lot :)
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