# In an op-ed, Prof. Aswath Damodaran discusses allegations that Facebook's IPO was a conspiracy

1 Faculty News May 28, 2012 ![CNN logo](/sites/default/files/styles/246w/public/assets/images/uat_027323.jpg?itok=3feg8BmM)>

Excerpt from [CNN](http://www.cnn.com/2012/05/28/opinion/damodaran-facebook-ipo/index.html) -- "What are the lessons to take from this mess? First, don't assume that bankers, experts and analysts know what they are talking about. When they tout an investment, be especially skeptical if they have a stake in it."

[Read more](http://www.cnn.com/2012/05/28/opinion/damodaran-facebook-ipo/index.html)

Additional coverage appeared in [CNBC](http://www.cnbc.com/id/47633617).