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	<title>Betabeat &#187; Allen &#38; Company Was the Only Facebook Underwriter Reporters Couldn&#8217;t Figure Out</title>
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		<title>Allen &amp; Company Was the Only Facebook Underwriter Reporters Couldn&#8217;t Figure Out</title>

		<comments>http://betabeat.com/2012/02/allen-company-was-the-only-facebook-underwriter-reporters-couldnt-figure-out/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 17:35:37 -0400</pubDate>
					<link>http://betabeat.com/2012/02/allen-company-was-the-only-facebook-underwriter-reporters-couldnt-figure-out/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=28277</guid>
		<description><![CDATA[<p><div id="attachment_28285" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-28285" title="herb allen jr" src="http://nyobetabeat.files.wordpress.com/2012/02/herb-allen-jr.jpg?w=300&h=210" alt="" width="300" height="210" /><p class="wp-caption-text">Mr. Allen. (Ted Thai / Getty Images)</p></div></p>
<p>Facebook's S-1 filing is out, and almost all the early reports were true. The company has reserved the ticker symbol FB, although it has not announced on which exchange it will debut; the working number is $5 billion and the lead underwriter is Morgan Stanley.</p>
<p>Reporters were also able to sniff out four other banks working on the IPO: J.P. Morgan, Goldman Sachs, Bank of America and Barclay's Capital. But one underwriter slipped through: the boutique New York-based investment bank Allen &amp; Company, which puts on the annual Sun Valley conference that regularly attracts <a href="http://nymag.com/nymetro/movies/columns/hollywood/2905/">billionaires and media moguls</a>. <!--more--></p>
<p>Allen &amp; Co., headed by the press-shy Herb Allen Jr., also boasts former CIA director George Tenet and Bill Bradley, the former U.S. Senator and NBA hall of famer. It has a strong presence in Hollywood and also helped on Google's IPO.</p>
<p>The preliminary filing doesn't say what percentage each bank will get.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_28285" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-28285" title="herb allen jr" src="http://nyobetabeat.files.wordpress.com/2012/02/herb-allen-jr.jpg?w=300&h=210" alt="" width="300" height="210" /><p class="wp-caption-text">Mr. Allen. (Ted Thai / Getty Images)</p></div></p>
<p>Facebook's S-1 filing is out, and almost all the early reports were true. The company has reserved the ticker symbol FB, although it has not announced on which exchange it will debut; the working number is $5 billion and the lead underwriter is Morgan Stanley.</p>
<p>Reporters were also able to sniff out four other banks working on the IPO: J.P. Morgan, Goldman Sachs, Bank of America and Barclay's Capital. But one underwriter slipped through: the boutique New York-based investment bank Allen &amp; Company, which puts on the annual Sun Valley conference that regularly attracts <a href="http://nymag.com/nymetro/movies/columns/hollywood/2905/">billionaires and media moguls</a>. <!--more--></p>
<p>Allen &amp; Co., headed by the press-shy Herb Allen Jr., also boasts former CIA director George Tenet and Bill Bradley, the former U.S. Senator and NBA hall of famer. It has a strong presence in Hollywood and also helped on Google's IPO.</p>
<p>The preliminary filing doesn't say what percentage each bank will get.</p>
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