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Facebook IPO Set for May 18, Road Show to Begin Monday

SUN VALLEY, ID - JULY 08: Facebook CEO Mark Zuckerberg attends the Allen & Company Sun Valley Conference on July 8, 2011 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983 and is typically attended by many of the world's most powerful media executives. (Photo by Scott Olson/Getty Images)
SUN VALLEY, ID - JULY 08: Facebook CEO Mark Zuckerberg attends the Allen & Company Sun Valley Conference on July 8, 2011 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983 and is typically attended by many of the world’s most powerful media executives. (Photo by Scott Olson/Getty Images) Photo: Scott Olson/2011 Getty Images

The Facebook Inc. road show, a final pitch to investors, will begin on Monday, a couple weeks ahead of a tentative IPO date of May 18. Facebook filed its preliminary paperwork in February and, in early April, bought photo-sharing app Instagram for $1 billion — a deal CEO Mark Zuckerberg reportedly made by himself. The Wall Street Journal writes that Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman will handle most of the road show meetings while Zuckerberg does pretty much whatever he wants. Experts believe that the IPO could raise as much as $10 billion.

Facebook IPO Set for May 18, Road Show on Monday