Now that the Facebook filing is available, it's pretty clear that before he turns 28, CEO Mark Zuckerberg will be a billionaire. Maybe, if the IPO is as successful as hoped, he'll be worth about $28 billion.
Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control.
Facebook filed on Wednesday to raise a targeted $5 billion in a hotly anticipated initial public offering, setting the stage for Silicon Valley's biggest-ever IPO. Here are some key facts about the company:
Facebook filed on Wednesday to raise a targeted $5 billion in a hotly anticipated initial public offering, setting the stage for Silicon Valley's biggest-ever IPO.
Aside from the staggering market value of Facebook, the company's recent SEC filing revealed several strange details about the corporate culture and Facebook founder Mark Zuckerberg's personal security measures. Details about a comprehensive security program includes the initial procurement, installation and maintenance of security measures for Zuckerberg’s personal residence.
Preparing to join the ranks of publicly traded companies, Facebook Inc is also beefing up its presence in the U.S. capital with a first report of money pouring into its newly created political fundraising arm.
Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.
Facebook Inc. will list a preliminary fund-raising goal of $5 billion on Wednesday, which is smaller than some earlier estimates of the offering. The public stock offering will probably value the company at $80 billion to $100 billion. But how did simple status updates and random photos of users help create what will likely be the biggest tech IPO in till date? Let's try to find out here...
Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR.
Within days, Facebook is expected to file for an initial public offering with the U.S. Securities and Exchange Commission, for the first time doing a public financial strip tease.
Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.
Apple announced its most profitable quarter ever on Tuesday, but now that the bar is set so high, all eyes will be on the next iPad and iPhone to carry the company's success through the year.
Facebook could file for its initial public offering as early as Feb.1, valuing the company as high as $100 billion, a report said.
After the release of the film The Social Network, founder of Facebook Mark Zuckerberg has received a bad rap. But as we've come to find, through a series of posts made by Facebook engineers, working with Zuckerberg is not all that bad -- so long as you're confident.
Facebook’s lawyers have advised the social networking giant to stop trading shares on private exchanges, which could foreshadow the company’s long-awaited initial public offering.
Many don't like Facebook's new changes in Timeline, and luckily, there are a slew of solutions to revert the social network to the way it was. Delete your News Ticker, revert your News Feed, and get your old chat back with these great add-ons and extensions.
Facebook will soon force everyone to update the social network to the latest iteration, Facebook Timeline. Mark Zuckerberg, the founder of Facebook, has never been shy about his vision a world that shares information seamlessly.
Rep. Darrell Issa (R-Calif.) formally introduced a copyright bill backed by the Internet industry to rival the controversial Stop Online Privacy Act (SOPA) and Protect IP Act (PIPA).
Some members of the U.S. Congress switched sides to oppose antipiracy legislation as protests blanketed the Internet on Wednesday, turning Wikipedia dark and putting black slashes on Google and other sites as if they had been censored.
Sites participating in Wikipedia-planned blackout urge users to put pressure on legislators.
Some members of the Congress switched sides to oppose antipiracy legislation as protests blanketed the Internet on Wednesday, turning Wikipedia dark and putting black slashes on Google and other sites as if they had been censored.