Complete video available for free at http://fora.tv/2012/06/13/Facebook_IPO_Effect_Alan_Patricof_and_David_Kirkpatrick
Alan Patricof, founder and managing director of Greycroft LLC, discusses whether Facebook stock is a safe investment bet.
With its frenzied initial public offering on May 18, 2012, Facebook raised $16 billion, set a record for trading volume, and began life as a public company with a valuation of $104 billion. Now what?
In the wake of the most hotly-anticipated IPO since Google, Alan Patricof, founder and managing director of Greycroft Partners, and David Kirkpatrick, tech and business journalist and author of The Facebook Effect, discuss the implications for the social network, the investment community, and the broader tech-media sector.
Alan Patricof is a Co-Founder of Apax Partners, L.P. (formerly Patricof and Co. Ventures, Inc.). Alan founded the firm at a time when venture capital was at an incipient stage, and has since been instrumental in growing the industry from a base of high net-worth individuals to its position today with broad institutional backing. He was instrumental in the start-up, financing, and subsequent strategic guidance that helped facilitate the growth of companies such as American Online, Office Depot, Cadence Systems, Apple Computer, FORE Systems, NTL, Audible, Inc.