Zuckerberg and company file for the largest internet initial public offering ever.
On its quest to become a publicly traded company, Facebook just filed for an initial public offering (IPO) valued at $5 billion, the largest ever for an internet company.
According to the New York Times, sources close the matter suggest that Mark Zuckerberg and company are "aiming for a far greater offering that would value it near $100 billion."
With 845 million users, Facebook managed to earn $3.7 billion in revenue last year, up 88% from the year prior.
If the stock market is your type of game, Facebook has requested to have "FB" as its ticker.
In comparison, Google raised $1.9 billion as a result of its 2004 IPO.
On its quest to become a publicly traded company, Facebook just filed for an initial public offering (IPO) valued at $5 billion, the largest ever for an internet company.
According to the New York Times, sources close the matter suggest that Mark Zuckerberg and company are "aiming for a far greater offering that would value it near $100 billion."
With 845 million users, Facebook managed to earn $3.7 billion in revenue last year, up 88% from the year prior.
If the stock market is your type of game, Facebook has requested to have "FB" as its ticker.
In comparison, Google raised $1.9 billion as a result of its 2004 IPO.
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