One of the major things in the financial and business world is an IPO. It defines the whole year taking place several times during that year. The significance of an IPO is measured by its size and level of success. In 2010 General Motors took the stage and managed to pull off a major public offering. 2012 belonged to Facebook. Investors had for years been waiting for the social networking company to go public. Mark Zuckerberg on the other hand was reluctant to take the company public and only accepted investments from private companies. When the number of shareholders went over 500 Facebook was forced to go public. The resulting IPO in May saw very many investors get hurt financially. The offer was dogged by controversy and rumors of underhanded deals involving Facebook executives.