Mark Zuckerberg freaked out, texted 'Everything is going really badly' before Facebook's IPO

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April 2012 was a stressful time for Mark Zuckerberg. The Facebook founder, dealing with Facebook's difficult IPO, texted his then-fiancée Priscilla Chan in a panic, according to new court testimony

“Everything here is going really badly. Our revenue projection has gone down so much we now think we might go public at less than $50bn if things continue," Zuckberg texted Chan at the time, the Financial Times reported

"Badly" would be an apt description for Facebook's May 2012 IPO. The incredibly hyped, biggest-ever-for-2012 tech, $100 billion IPO got off to a rocky start. Trading was delayed, shares fell, and then investors sued.  Read more...

More about Facebook, Ipo, Wall Street, Business, and Mark Zuckerberg

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Mark Zuckerberg freaked out, texted 'Everything is going really badly' before Facebook's IPO Mark Zuckerberg freaked out, texted 'Everything is going really badly' before Facebook's IPO Reviewed by mimisabreena on Thursday, August 10, 2017 Rating: 5

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