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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.
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 & Company, which puts on the annual Sun Valley conference that regularly attracts billionaires and media moguls.
Invites to Allen & Company’s prestigious annual, 29-year-old Sun Valley Conference are hard to come by. After all the boutique investment bank’s week-long Idaho summer camp, known as a catalyst for billion dollar deals, plays host to more moguls than entrepreneurs. This year, exceptions were made for a handful of under-30-somethings not named Mark Zuckerberg, such as AirBnb’s Brian Chesky, DropBox’s Drew Houston, and Quora’s Adam D’Angelo. Quora question: How the eff did I get so lucky?
But after the old folks went home, Ashton Kutcher, perhaps the most telegenic face of tech’s new crop of angel investors, decided to host an after-party/alternative conference of sorts in the 40-acre compound he owns with Demi in nearby Hailey, Idaho. This past weekend, Page Six reports, Mr. Kutcher invited a dozen “young tech stars” over, including folks from Foursquare and AirBnb.