Too Long; Didn't Read
Just a few days before <a href="http://nymag.com/daily/intelligencer/2014/09/alibaba-just-went-public.html" target="_blank">Alibaba issued an IPO</a>, its shares were selling below $60 per share. On the first day of trading, the price skyrocketed to over $90 giving the Pre-IPO investors a return on investment of at least 48% percent.