Interesting article about the similarities between Microsoft’s 1986 IPO and Facebook’s 2011 IPO both headed by Goldman Sachs. John Stewart had a good rant on last nights The Daily Show about Glodman buying Facebook shares to by pass the SEC (link will only work in Canada).
Twenty-five years ago, Mr. Gates was dealing with uncannily similar issues to the ones facing Mr. Zuckerberg today. And Goldman was wooing Mr. Gates and his decade-old Seattle software company, Microsoft, in much the same way that it has romanced Mr. Zuckerberg and his fellow Facebook executives.