And you are here why?

Historically, there is a certain way that IPOs are run by the Underwriters.  Without going into too much detail (or, in fact, any detail at all), The undewriters collect around 7% of the total proceeds in fees The big-wigs at the company do a 'roadshow', where they basically talk about how everything is spiffy, life is good, blah, blah, blah The company IPOs, everybody gets a bunch of money, and everybody is happy. The problem with the Facebook IPO is that, well, its Facebook , i.e., everybody already knows who they are, everybody already knows that the IPO is going to be a biggie, and except for bragging rights, there is really no point behind either the underwriting process or the roadshow. Well, thats not really accurate.  The actual minutiae of the under-writing process needs to happen, and the SEC required roadshows need to occur, but as far as Facebook is concerned, they are only doing the de minimus necessary to comply with the rules and regulat...