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New York Times
Reporter for the Dealbook Section at the New York Times
PROFILE
Michael de la Merced
Guest
FROM Michael de la Merced
To the Point
Alibaba’s Wooing of Wall Street Fifteen years ago, Jack Ma—the founder of China’s Alibaba—was laughed out of Wall Street. Now the world’s biggest investors are clamoring for a piece of what could be the biggest IPO ever. On Monday, Alibaba held the first of 100 meetings in 10 days, selling itself to potential investors for the first time. It all started in New York City, where 800 people piled into three big rooms at the Waldorf Astoria. One of those in the crowd was Michael de la Merced, reporter for DealBook , a financial news service for the New York Times.
To the Point
Finger Pointing Follows Facebook's IPO Fiasco Shares of Facebook we initially priced at $38 a share. On the second day of trading, shares tumbled by as much as 18 percent. Fingers of blame are being pointed at Morgan Stanly, Nasdaq and even at Facebook itself. What went wrong with the most highly anticipated high-tech debut in years? Michael de la Merced reports for the Dealbook Section of the New York Times .
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To the Point
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