The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

What Facebook's IPO means for Wall Street and Silicon Valley

by The Madeleine Brand Show

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Facebook co-founder and CEO Mark Zuckerberg poses at Facebook headquarters in Palo Alto, Calif. Paul Sakuma/AP

It's the biggest buzz coming out of social media circles, the pending announcement from Facebook that they will soon become publicly listed on stock market.

The social media company is expected to be valued at a total between $75 to $100 billion, making it the biggest tech IPO since Google. Google was valued at roughly $85 a share when it first hit the market, and today it's valued at roughly $585 a share.

Madeleine speaks to Randall Smith, author and senior special writer for the Money & Investing section of The Wall Street Journal, about the IPO and what it could mean for Wall Street and Silicon Valley.

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