Facebook (NASDAQ: FB ) and Groupon (NASDAQ: GRPN ) each were buyout targets before their IPOs and each turned down the offer. In this video, Fool Jeremy Phillips reviews these buyout bids, what happened to the companies after their IPOs, and the keys to their successes or failures. In particular, he examines the role of each company's CEO in its fate.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.