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by ProfChronos 3645 days ago
Fact is Goldman Sachs - and maybe other banks - were allocated shares with a priviledged price during the FB's IPO as they were working on the IPO while buying stocks for their own clients. I know this was a special IPO, but my guess is that it is likely to happen for others
1 comments

The special IPO is the one where that _doesn't_ happen.