# Prof. Scott Galloway calls Facebook's IPO "unsuccessful"

1 Faculty News June 5, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg TV](http://www.bloomberg.com/video/94106947-facebook-an-unsuccessful-ipo-galloway-says.html) -- "An IPO is two things. It's a branding event - this has not gone well. There's been a lot of second-guessing because of all of the negative stories because of the decline of the stock price. Now that the stock has shaved a third of its value, now every story is about second guessing Facebook's strategy."

[Watch the video](http://www.bloomberg.com/video/94106947-facebook-an-unsuccessful-ipo-galloway-says.html)