Facebook And Its IPO: Things You Likely To Know, Figures Behind The Social Network Giant

Posted on Feb 2 2012 - 1:00am by Editorial Staff

Facebook’s S-1 is finally out with a bang, – the company filed for an Initial Public Offering to raise $5 billion in its IPO bid. As part of Facebook Initial filing go public this afternoon (PT) – the social network giant has revealed some interesting new numbers that indicates how big it actually is – with its users’ number, investors’ shareholding percentage, top employees salaries and many other things.

Active Users:

The social networking giant now has 845 million active users on the site, up from the estimated 800 million using the site back in September. The company also noted that 250 million photos are uploaded daily and 2.7 billion likes and comments are made each day. Overall, there are a whopping 100 billion friendships on the site.

Shareholding:

Mark Zuckerberg is the largest shareholder with 28.2 percent of the company. He’s followed by Accel (invested in 2005) and Accel Partner Jim Breyer who owns 11.4 percent of the company. Co-founder Dustin Moskovitz owns 7.6 percent of the company, followed by DST with 5.4 percent. Peter Thiel, Facebook’s first investor, owns 2.5 percent. COO Sheryl Sandberg has 1,899,986 shares.

Revenues and Profits:

Facebook did $3.7 billion in revenues in 2011 with $1 billion in profits. Profits grew 65% last year from previous $606 million in 2010 – revenues grew 88%. Revenues come from multiple sources – advertising constitutes 85%, virtual goods make 15% and platform development fees are not define.

Salaries:

The Facebook IPO SEC filing also provided details about the base salary of the team, including founder Mark Zuckerberg pulling in $500,000 annually. Other top earners include COO Sheryl Sanberg – $300,000 and CFO David Ebersman – $300,000.

Requests:

Facebook’s founder Mark Zuckerberg requested that his base salary be reduced to $1 per year, effective January 1, 2013. Zuckerberg requested during the Facebook’s S-1 filling for its $5 billion IPO. Now if we get back into the past and explore the numbers – his base salary for 2011 was $200,000 and he also received a $220,500 bonus for the first half of the year. The S-1 also states $783,529 as other compensations.

Ticker Symbol:

Facebook plans to trade under the ticker symbol “FB.”

Banks Key Role:

Investment bank Morgan Stanley will act as lead underwriter, with Goldman Sachs, Bank of America and others to take secondary positions. Shares are expected to hit the market in May.

Risk Factors:

The company’s $5 billion S-1 IPO filing includes a detailed assessment of business risks. These include – its lack of mobile monetization and the fact that it doesn’t own a mobile platform, government restriction of access, inability to maintain its growth rate, and competition from Google+ as well as Twitter and Microsoft.

(Image Source: Facebook, Featured Image)

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.