WRKO>Audio & Video on Demand>>CNBC's Kayla Tausche on the Facebook Roadshow landing in Beantown!

CNBC's Kayla Tausche on the Facebook Roadshow landing in Beantown!

Get Adobe Flash Player to see this content.

Tue, 8 May 2012|

Facebook made its stop in Beantown this morning. Kayla Tausche from CNBC has been covering the road show and checks in to describe the scene outside the Four Seasons.

+

Tags:

  1. Wall Street0:53, 1:09, 3:40
  2. Chinese Government5:49
  3. Ottawa Canada1:36
  4. Mark Zuckerberg0:22, 0:34, 2:08
  5. hedge funds2:03
  6. FaceBook IPO6:07
  7. FaceBook shares2:10
  8. institutional investors2:04
  9. current stock market6:12

Related Audio:

  1. Stan Humphries, Zillow Chief Economist, on Boston's Negative Equity Rate

    Audio

    Thu, 23 May 2013

    Stan Humphries, Zillow Chief Economist, on Boston's Negative Equity Rate

    residential real estate real estate found at 5:01

    haven't gotten ahead of themselves where the bargains lately say your a real estate investor and you got a million dollars to buy. Residential . Real estate weird you go to get the best bargains as the Tennessee is at Florida's Nevada Arizona where it. Working you still get.
  2. Chris Oddleifson, President & CEO of Rockland Trust on buying Mayflower Bank

    Audio

    Thu, 23 May 2013

    Chris Oddleifson, President & CEO of Rockland Trust on buying Mayflower Bank

    bernard parks found at 1:01

    orchard outdoor and some of what you are not come the apprentice Bernard Parks -- we're and like. All the for the beach. We keep them all opener we've closed some of those branches -- duplication.
  3. What's Up On Wall Street - Jeff Cox, CNBC.com

    Audio

    Thu, 23 May 2013

    What's Up On Wall Street - Jeff Cox, CNBC.com

    jeff cox found at 0:15

    heard that great before I think you know and also known as Jeff Cox from CNBC you want to quick market update finally open up now I don't think so it's all bad and I really
  4. Stock Talk - Roberto Pedone, The Street

    Audio

    Thu, 23 May 2013

    Stock Talk - Roberto Pedone, The Street

    wall street found at 7:01

    Stearns was a very well respected they -- the equivalent unit. A Merrill Lynch -- UBS -- Morgan Stanley Bear Stearns as a powerhouse on Wall Street . In one year -- remember it -- an insider's look at this all the time. And I saw the top three or
+

Automatically Generated Transcript (may not be 100% accurate)

We're joined by Taylor tells C who's a reporter at CNBC and she's been following this FaceBook story with great. Detail -- welcome to the show are you doing today. I'm doing well. But had a death how -- Mark Zuckerberg do in New York yesterday you know he's on the road show in New York was this stock yesterday how the show though. The -- in masters or treating -- yesterday pretty much all Mark Zuckerberg had it would show -- and that he did. On that aren't answering questions need to every question came hands and keep on the late news Lebanese are basically. Added that -- -- that day at nearly 60% at where. And -- strategy it. Pretty much. What Wall Street on and yes it is lines and that it had and this is -- I definitely going to be running. Noble art they wanna -- We wanna see how it performs. How it would kind of impression did they have a -- he -- -- In awareness hoodie and you know Wall Street to button down -- crowd -- throw wearing blue suit white shirt and red ties. What was there impression of his he is a lack of formal attire. It was pretty much par for the course area and -- and a lot. No and that -- -- David Ebert and at center running at IPO deal per accident that he -- amber. And then -- -- an -- that are developing a real. Profitable business Ottawa Canada and we should note that they were back wearing out formal -- that the higher it -- formal. And mark -- Dana already but that the act and I think that was part of -- step back. What today when you look at the -- the company it seems like FaceBook is a dictatorship. You know the board of directors doesn't have much oversight he did his last acquisition for a billion dollars. Without even talking to the board had of the investors feel about that how to how the big hedge funds in the institutional investors. Are are they comfortable investing in just Mark Zuckerberg 'cause that's -- buying and when you buy FaceBook shares your buying and one guy. And his dictatorial rights over that company. Well I think it out with a bigger issues to date in bought the company on the road where gates is gonna like. In New York on day one out in New York was exactly -- -- on injured my hat on and they -- installed by. It's sparkle and mark I would look when you talk about in grant is talking about it was in grudge. And her on like a fairly long term and accurate -- something that doesn't -- early earth and in spot and at the board you know today those in the audience for a long only. Manager meaning they manage your retirement are for it or -- for a long night it is believed that the -- is -- Not only was -- not in and day. But in angry -- what the big -- intention yeah and that act in a quiet the public thing we want a company that at all. Lot of company that blue chip company that act -- and and it branches here. Why didn't he come to Boston what's it what's the logic there or did they say -- They're out -- -- that's very it made it very clear that he. I don't -- you're -- an accompanying its current and former irony he has a lot of meetings that happen immediately underwriting banks last Friday -- and a meeting with. Austrian research analyst -- it well and even throughout. Throughout -- entire crop that he hasn't made up in the course under the -- -- executive pat and I think that that's actually probably a good thing held at your that concerns. A Wall Street -- whether -- -- actor whether he ain't writing that unpredictable. And as Matt checked out this minute Eric. Hewitt alternate route running that ill from a financial perspective and -- and that's the concern I think also with extra. Act and act a large investor meeting in New York it's a little bit growing interest -- it hasn't on the circuit you know you can expect that we'll probably take. What the you know did -- do in order to meet their valuations -- they have to grow it 40% per year for five years in a row. It is that viable I -- can they do that is there that kind of potential with their marketplace where they can grow 40% a year in order to meet their stock valuation. Very that's a sort of a lot of doubt got a lot seagate actually and as. 101 million users and there are like 67 billion people in the world so all -- I'm an Internet is Eric who billion Internet is there's a lot a lot of those -- in China which they go because. They're actually blocked out operating. Rights in China -- As far as growth they're pretty much already traded on the network it's out there are finding that -- revenue stream. Using debt and that gaming. What the game changer for -- look -- not Latin which is why. If you look at the 2000 allowed an average and you look at it out and while members. That growth has started as well as -- haven't been able finding new revenue stream and that's the sort a lot of questioning. A lot of it usually need to grow. If you don't find new revenue for each year that -- Why why can't they get into China and are they trying to overcome that because that's that's a billion people right there. Right exactly and that taking issue and they could pretty much actually in higher. Global Internet user base if they were able to get in China and not possible. Yesterday when that question -- Eric you -- any idea if it went online at and this topic that. Everyone wanted to ask and yet -- -- -- act advocate you don't really want an end there aren't saying simply. We're block there -- format war on there shelves camera and taking erring -- saying if you start with the Chinese Government out -- they. Unproductive start talking about it but I'll be there that's what we -- actually construct is actually you let diplomatic and. All right -- thank you very much for your work here appreciate it. That's -- tout sheet from CNBC joining us on that FaceBook IPO remember if you're buying shares -- -- company testing grow -- 40% per year to meet their current stock market valuation.