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Nairaland Forum / Science/Technology / Webmasters / Facebook IPO Goes Live (620 Views)
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Facebook IPO Goes Live by Frosti(m): 5:22pm On May 18, 2012 |
Facebook IPO goes live. Who wants to buy some Facebook IPO Shares? Facebook has now gone public and its shares are going for a cool $38 for a share. That leaves Facebook with a valuation of $100 billion. Facebook stands to make at least $16 billion on its initial public offering (IPO). This will effectively make Mark Zuckerberg, facebook founder, one of the worlds richest people at the young age of 28. Facts and points about the Facebook IPO you should know 1. Facebook wants to sell 421,233,615 shares of Class A common stock at an opening price of between $34 and $38, with a valuation somewhere around $100 billion. 2. Facebook shares will be listed on the NASDAQ stock exchange under “FB.” 3. Facebook Founder and CEO Mark Zuckerberg will be worth around $16.86 billion at the close of the IPO and when all the shares have been sold. 4. Facebook’s board is made up of seven directors: Mark Zuckerberg, Marc Andreessen, Jim Breyer, Peter Thiel, Donald Graham, Reed Hastings, and Erskine Bowles. 5. There are 12 lead underwriters: Morgan Stanley, J.P. Morgan, Goldman, Sachs & Co., Bank of America, Merrill Lynch, Barclays, Allen & Co., Citigroup, Credit Suisse, Deutsche Bank Securities, RBC Capital Markets and Wells Fargo Securities. 6. Facebook had 3,539 full-time employees. 7. Facebook is headquartered in Menlo Park, California. 8. Facebook now has 901 million monthly active users. These users have made more than 125 billion friend connections and are responsible for generating 3.2 billion likes and comments and uploading 300 million photos a day. 9. Facebook founder Mark Zuckerberg’s earns a $500,000 salary, COO Sheryl Sandberg’s $300,000 and CFO David Ebersman $300,000. You can check out more facts about the facebook IPO. Will you be getting for yourself some facebook shares? Source
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Re: Facebook IPO Goes Live by Frosti(m): 5:25pm On May 18, 2012 |
Facebook IPO against other tech giants IPO. ![]() |
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