Facebook Files For IPO

Facebook Files For IPO

The wait is over: Facebook has just filed for its IPO.

Facebook is looking to raise $5 billion— and will mint hundreds (perhaps even thousands) of employees as millionaires in the process. You can find its S-1 embedded below, or right here.

Rumors of Facebook’s public offering have been swirling for years, and have long been routinely sidestepped by CEO Mark Zuckerberg and COO Sheryl Sandberg. The company has openly acknowledged that an IPO was indeed inevitable, but has avoided giving any sense of timing — “When we’re ready” has become a familiar mantra from Facebook executives.

The wait has been made possible, in part, by the rise of secondary markets and special stock sale programs, which have allowed early employees to sell off some of their valuable stock for liquidity. Such sales have helped reduce the amount of internal pressure to go public, which has given Facebook more time to build up its reach and products prior to the IPO.

Facebook also received an exemption in 2008 that allowed it to surpass the SEC’s ’500 shareholders’ rule, which would have mandated that the company begin releasing some of its financial figures publicly (Facebook argued at the time that most of its shareholders were employees — and their request was approved).


Andy Walker Headshot
Author:
Phone: 201-424-8628
Dated: February 1st 2012
Views: 1,183
About Andy: Having lived in New Jersey for over 20 years, I have been a top producing Realtor and member of the ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The Mortgage Deduction Impact On Real Estate - The good news is that people will
Tax Reform Impact - Tax Reform is the new reality.It
Top Reasons Why Your Home Isnt Selling - Many panic when their home does
Mansion In May - Typically held every other year,

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Keller Williams Realty Metropolitan
55 Madison Avenue
Morristown, NJ
973-975-0003
973-539-6888