Facebook set for biggest internet IPO in history

Facebook set for biggest internet IPO in historyRecent news of Facebook’s much-talked-about initial public offering has everyone speculating and digging into the details. The eight-year-old social networking giant intends to raise $5 billion in initial funding which would be the largest internet IPO in history.  To put this in perspective, this would eclipse Google’s 2004 public offering (which raised only $1.67 billion) several times over. In fact, it would be more than the all the biggest IPO’s in history combined.

Biggest tech company IPO’s

  • Apple – $100 million – 1980
  • Microsoft – $61 million – 1986
  • Netscape – $140 million – 1995
  • Yahoo – $32.5 million – 1997
  • Amazon.com – $54 million – 1997
  • eBay – $63 million – 1998
  • Google – $1.67 billion – 2004
  • Pandora – $235 million – 2011
  • Zynga – $1 billion – 2011
  • Groupon – $700 million – 2011

Read more about this on huffingtonpost.com – Tech IPOs: How Facebook’s Big Move May Compare To Other Huge Tech IPOs

According to The New York Times, Facebook could be valued as much as $100 billion when shares hit the public market. At that valuation, Mark Zuckerberg, the 27-year founder of the company, could hold as much as $28 billion worth of the company.  According to the company’s IPO filing, in 2011, it recorded revenue of $3.71 billion, operating income of $1.756 billion, and net income of $1 billion.

This super high profile IPO means it is now Facebook’s turn to ‘share’. Here’s a summary and fact sheet from a businessinsider.com post called Here’s Everything You Need To Know About Facebook’s Coming IPO

Breakdown of the Facebook IPO:

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