Thread: Facebook IPO
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Old 05-10-2012, 01:29 PM   #17
smares21
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Join Date: Apr 2011
Location: San Diego
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Quote:
Originally Posted by sladha View Post
What is E-Trade's minimum funds requirement to be considered "eligible" to partake in the IPO? Apparently TD Ameritrade requires minimum $250,000 capital in your account to be considered eligible, but it's still not guaranteed...
E-trade said 500k and at least 30 trades in past 90 days (afaik).

That said, here's the biggest issues with FB: The Zuck will still control 57+% of all voting shares even after the IPO, so you are not really investing in facebook. You are investing in Zuck and his decision making. He's judge, jury, and executioner.
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