1. How does a successful IPO affect WHAT, HOW, and FOR WHOM the economy produces?
2. What is the price of Alibaba (BABA) stock today? How much has it risen or fallen from its closing price on the first day of public trading (News, p. 393)? What might explain this change?
3. . Could Facebook have become a premier social network- ing site without venture capitalists? How?
4. Why do people say "a dollar today is worth more than a dollar tomorrow"?