From the view point of potential stock investors, discuss and analyze merits and weaknesses of Facebook by examining prospectus and industry/market conditions. Thereby, justify or criticize the IPO price of $38 (some quantitative analysis is plus, but you do not need to use valuation models). In essence, we are not interested in knowing whether this is a good or bad company. Rather, we want to know the price is right to invest(I prefer pessimistic view point on this case).
References should only come from internet sites.
Also your work should be easy to understand.
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