Here's What to Expect From Alibaba's First Day of Trading

The transcript discusses the anticipation and market reactions to Alibaba's IPO, highlighting concerns about its impact on market returns and the demand from financial institutions. It explains the book building process and the manual compilation of orders on the NYSE. The discussion also reflects on lessons from past IPOs like Facebook and Twitter, emphasizing the importance of controlling supply to avoid a chaotic market opening.

What lessons were learned from previous technology IPOs like Facebook and Twitter?

What is the expected opening price for Alibaba's stock according to the discussion?