Hello, welcome to the IPO Palooza edition of Slate Money,

or guide to the business and finance news of a week in which we had

monster IPO activity.

I'm Felix Salmon of Axios.

I'm here with Emily Peck of Huffpost.

Hello.

I'm here with Anna Shemansky of Breaking Views.

Hello.

All three of us were left out of the coveted IPO allocations for DoorDash and Airbnb,

and we feel sad about that because we would have made lots of money if we had managed

to get some of those allegations.

We are going to talk about whether we are sad about that and what should be done about it

and whether it's even a problem.

We are also going to talk, of course, about the massive government antitrust suit against Facebook.

And we are going to talk about the way that the COVID vaccine is being distributed and whether it's fair and or economically optimal.

All of that coming up on slate money.

So the big news this week, and it was IPO frenzy.

We had an amazing, off-the-charts IPO for DoorDash,

which was then followed by an even more amazing, even more

off the charts IPO for Airbnb. What is going on? Bring us up to speed. Yes, so this is

part of the IPO paloza that we've seen this year, just a enormous record amount of issuance.

And what was really notable about these was how much the stock popped on the first day.

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