Undergraduate corporate finance: Intial public offering (IPO).

Critically evaluate each of Facebook and WeWork’s initial public offerings (IPOs), and compare and contrast them.

In your essay, reflect on the different challenges faced by each company in going public, with commentary on relevant agency problems.

Include relevant commentary on the process of IPO pricing as well as the emergence of SPACs. A considerable portion of this will come from independent study.

Research from reputable business publications (e.g., Financial Times) as well as peer-reviewed academic papers should appear extensively in your essay.