facebook IPO
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Facebook’s Revenue Jumps, But Profit Slips - Deal Journal - WSJ
By David Benoit Facebook’s first quarter of 2012 continued the social-network’s rapid revenue growth pattern. Yet profit slipped as the company’s soaring revenue came with soaring costs. European Pressphoto Agency According to a newly updated initial public offering filing, revenue in the first three months of the year rose 45% to $1.06 billion in the quarter.We already knew Facebook was huge, but did you realize it has as many monthly active users are there are people in Europe? The company is headed toward an IPO, but where does it stack up against the tech titans that came before it? The company has been on its roadshow since earlier this week, talking to bankers about potentially investing in the company’s available shares. Facebook is expected to be valued at $10 billion when it makes its stock market debut, making it one of the biggest IPOs in U.S. history. With total revenue for 2011 sitting at $3.7 billion, it is almost a mouse in Google’s $37.9 billion 2011 revenue shadow. Conversation around the IPO has also been deceiving.
Facebook is as big as Europe, but how does it stack up against prior tech IPOs?
The one amazing revenue stream that will help Facebook eclipse Google
I’ve been watching all the heightened chatter about Facebook in the last couple of weeks as they approach their IPO and laughing at all the wild speculation . They are not worth the money . The are oversubscribed . Mobile will screw them . Mobile is their only focus .
LIVE: FACEBOOK'S IPO FILING IS HERE
QUICK TAKE: Facebook's ad business is not growing as fast as you'd like, but rates are going up, even as inventory soars, and that's reassuring. The payments business – the way Facebook makes money off FarmVille , etc – grew 500% in the past year, too. Holy cow: Zuckerberg is rich. Ad revenue in 2011: $3.2 billion over $1.9 billion for 2010. There was a 42% increase in ads delivered in 2011. There was an 18% increase in price of ads 2011.
Facebook sets $28-35 price range for IPO, valuing company at up to $96B
Facebook today set the price range for its initial public offering at $28 to $35 per share, which would lead the company to raise between $5 billion and $6.3 billion, at a valuation up to $96 billion, according to an updated S-1 filing with the Securities and Exchange Commission. This would make Facebook’s the largest IPO of any tech company. Google was valued at $23 billion went it went public in 2004.Facebook expected to raise IPO range to $34-$38 a share - May. 14
NEW YORK (CNNMoney) -- In a sign of strong demand from investors for shares in its upcoming initial public offering, Facebook is raising the target price range for its stock, according to two news reports. Facebook now expects to price its shares at $34 to $38 each, up from the $28 to $35 range it set earlier this month , according to reports from the Wall Street Journal and Reuters late Monday. Facebook executives and the company's IPO underwriters have spent the past two weeks on the road meeting with potential investors and measuring the demand for the company's stock. The investor response has been "nothing short of pandemonium," one source familiar with the discussions told CNNMoney.
Like political junkies waiting up for election returns (losers!), Silicon Valley folks, including tech journalists (losers!), are up this morning to await and then pounce on the long-expected IPO filing of Facebook.
Facebook IPO Likely to File Later Today at Earliest - Kara Swisher - News - AllThingsD
Après la clôture de Wall Street mercredi soir, Facebook a lancé son très attendu processus d'entrée en Bourse , en déposant son dossier d'introduction. La firme américaine compte lever environ 5 milliards de dollars. Le réseau social serait valorisé entre 75 et 100 milliards de dollars. Avec de tels chiffres, Facebook serait la plus grosse introduction en Bourse d'un service Internet et une nouvelle occasion de réveiller le spectre de la bulle Internet. Car nombre d'observateurs se demandent encore si Facebook subira le même sort que MySpace.
Le Figaro - High-Tech : Facebook à l'épreuve de Wall Street
The Facebook IPO Players Club: Reid Hoffman | Fast Company
They were doing just fine before, but the biggest of minority owners of Facebook are about to be catapulted into a far more elite bracket. As we ponder what they'll do with with new millions (nearly half a billion dollars for Reid Hoffman?), here's a look at what got them where they are today.
Facebook’s IPO will create over 1,000 millionaires | ZDNet
Summary: With Facebook’s initial public offering (IPO) expected for next year, many are wondering what this means for the employees. Over 1,000 of them are expected to become millionaires. Facebook is planning an initial public offering (IPO) for next year, meaning the company will go public in Q1 2012 , Q2 2012 , or even later , depending on which rumor and sources you want to believe. Assuming the social networking giant raises the expected $10 billion or so, giving it a valuation of around $100 billion (give or take a few pennies), it will create more than 1,000 new millionaires.
Eduardo Saverin, one of the founders of Facebook, officially defriended the United States in September, giving up his American citizenship for the more tax-friendly residency status of Singapore. Mr. Saverin, who was born in Brazil and has lived in Singapore since 2010, plans to remain in the Asian island nation indefinitely. Singapore has a maximum personal income tax rate of 20 percent and no taxes on capital gains. He gained American citizenship in 1998. A spokesman for Mr.
A Facebook Founder Renounces His U.S. Citizenship
Zynga shares soar after Facebook IPO | Technology | guardian.co.uk
Zynga's Farmville: from virtual farming to Facebook cash. Photograph: Stefan Sollfors/Alamy Shares in the social games firm Zynga have soared after Facebook revealed in its $5bn initial public offering filing that the Farmville maker accounts for up to 12% of its total revenue. Investor appetite in Zynga peaked in early trading on Thursday, sending the company's shares price soaring 16% to $12.60 – the highest it has been since it went public in December. Virtual goods, bought through hugely popular Zynga games such as CityVille or Mafia Wars, accounted for 12% ($445m) of Facebook's $3.71bn revenue for 2011, according to documents filed by the social network with the US financial regulator, the Securities and Exchange Commission, late on Wednesday. FarmVille, one of the most popular games on Facebook, allows users to harvest a virtual farm by planting and growing crops, trees and livestock.Morgan Stanley , as of late the go-to underwriter for tech initial public offerings, disclosed its stakes in Zynga and LinkedIn on Friday, according to securities filings. The firm, which served as lead underwriter for the offerings of Zynga and LinkedIn, recently bought about 16 million class A shares of Zynga, the online game company. The stake, purchased by Morgan Stanley’s asset management arm, represents 16 percent of the publicly available shares — but just 2.3 percent of the company’s total shares. In a separate instance in February, Morgan Stanley’s mutual funds purchased 5.3 million Zynga shares at a price of $14 a share.