The Nasdaq MarketSite welcomes the Facebook IPO in New York's Times Square in 2012.
"I'm a shareholder since the IPO," a Facebook investor said on Thursday. "Thank you for making me money."
Those words would have been almost unthinkable a year ago when Facebook held its first annual shareholder meeting as a public company. But several Facebook investors echoed that sentiment during the company's second annual shareholder meeting on Thursday.
"It's quite a difference from last year to this year, so I guess you guys are doing well," another shareholder said at the meeting. "Thank you."
One investor named Rose recounted the story of how she purchased thousands of Facebook shares in the lead up to the IPO and chose to hold onto the shares even as Facebook's stock price plummeted.
"I did not tell any of my relatives that I own Facebook and I am under water," she said of that time.
"I want to congratulate all of you that have worked so hard to pull up your stock.""I want to congratulate all of you that have worked so hard to pull up your stock."
That's a striking shift from 2013 when investors at the shareholder meeting described the Facebook's IPO as a disaster and questioned what the company was doing to turn things around.
At the time of Facebook's shareholder meeting last year, the company's stock was trading at $24 a share, down more than a third from its IPO price of $38 in May, 2012. By comparison, Facebook was trading above $60 a share on Thursday, giving the company a market cap of more than $150 billion.
"The last year has been a pretty exciting and good one for us overall," Mark Zuckerberg, Facebook's cofounder and CEO, said in his remarks at the shareholder meeting.
Investors, it seems, very much agree.
FB data by YCharts
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