Recent 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:
- Facebook’s entire business, in a series of charts.
- Facebook CEO Mark Zuckerberg will owe $1.5 billion in taxes this year.
- Facebook is now trading at a valuation of ~$95 billion on secondary markets.
- Facebook’s ad revenues are decelerating.
- Here are the millionaires and billionaires that will come from Facebook’s IPO.
- Three out of Facebook’s five co-founders, including Eduardo Saverin, own less than 5 percent of the company.
- Sheryl Sandberg will be worth something around $2 billion when all her shares vest.
- Zynga, the makers of FarmVille, accounted for 12 percent of Facebook’s revenue.
- Facebook has 425 million mobile users, but they’re worth $0.
- Zuckerberg is worth around $25 billion.
- Here are all the nitty-gritty details about Facebook’s business — like revenues and profits.
See also these related stories:
- Top Investment Gurus Sound Off On The Facebook IPO
- Hold Off Before You Jump On The Facebook Bandwagon
- Facebook goes public with $5 billion IPO
- Facebook IPO filing shines a light on company’s finances