Facebook may have offered its shares to the public, but only at a huge mark up. At its IPO price of $38, Zuckerberg & Co. valued his company at more than 6 times Google and nearly 8 times Apple. What's more, when it looked like those shares would sell, Zuckerberg decided to back up the truck, and dump some more stock, basically dooming its IPO. And for what? Facebook is far from cash strapped.
How does the social media giant really work? Read this story before you buy the stock.
