CNN 2012-02-05

 Hi,I am CA.This is CNN Student News,traditional versus 1 virtual.How do you prefer to go to school?That's we ask on our blog. Today we are sharing what you have to say.

 
First up,though,a deadly riot breaks out after a soccer match in Egypt.This happened yesterday.One the match ended,fans from both sides rushed the field.You can see in this video,the scene was just chaos 2.People hitting each other with rocks and chairs.In the fighting,at least 73 people were killed,more than a thousand fans were injured.The Egyptian military set two planes in to get the visiting teams some of its fans and some of the injured out.A CNN contributor who research soccer in the middle east says he sometimes do violence get between soccer clubs,he said he's never seen any thing this big before.
If you wanna own a company,it's not a difficult that you might think.One way you can do it to buy some company's stock,you won't own the entire company,you own a part of it.Before you can do it though,the company has to go public and to make its stock available.And the first way to do that is to something called an IPO,an initial public offering.That's what Facebook did yesterday,went public filed for IPO.Experts predicted that it will be the biggest IPO ever for an Internet company.Five billion dollars,that not what the company is work,that's how much money experts think Facebook is looking to make from its IPO.So what does this mean for a company to go public? What the potential Pros 3 and cons 4 in it?
Christine Rollman has some answers.
 
IPO stands for initial public offering.And IPO is what a mum and papa little store that's getting bigger and bigger or say social network conceived in the dorm in Harvard door room now has five hundred million people who follow it can get on the radar,get attract capital and basically grow up.
Companies wanna to go public because they want to unlock their values in their enterprise.When you can get investors 5 to pay, to buy shares of your company and then those shares are traded on stock market like the NASDAQ or New York Stock Exchange.It also gets you money when you go public,investors are putting money into your enterprise,that allows you to raise money quickly.
 
 
Well,on the other side is when you are a public company,you are scrutinized 6 by the government.You have to every quarter,file you number, your balance sheet to the Security Exchange Commission,so your investors and so the markets can see exactly what you are doing.If you are private company,you don't have that kind of scrutiny 7.You do't have investors selling their stocks in your company if you have one or two bad quarters so that's one of the reasons why private companies like to stay private.
 
 
Well,eventually,it's everyone like you can me.Initially,at initial public offering,it's the big names who get in.Some of them are regional private investors,they usually get a good shot.Founders 8 of the company get good shots if they want to buy more if they want.
Facebook is the Holy Grail of IPOs.It will be probably be the biggest tec-company IPO in history.Facebook already has five hundreds different private investors basically.And when you get to that level,that threshold, that's when the Security Exchange Commission says now you have to open your books,now you have got to file to become a public company you are getting to make.