Based on what you have learned from working on the Facebook IPO case and our in-class discussion of it, do you agree or disagree with the following comment (New York Times, Nov 07, 2013):

"Facebooks float was an exercise in insiders extracting as much as possible, while surrendering little."

Explain your answer, using specific examples from the case and/or your analysis of the case and/or our in-class discussion to support your argument. In addition to addressing this specific question, please list and explain any further (pre-IPO) concerns that a potential shareholder may have had about the Facebook IPO.

Expected answer length: 1/2 page to 3/4 pages. You may also structure your answer as a bullet-point list. You may not copy-paste from your case report, but must use your own words.