Facebook has just filed its S-1 to Initial Public Offering in order to raise $5 billion. Facebook, the leading social-networking site in the world with more than 800 million users, is widely expected to file for an IPO this year, probably in late may – a deal that’s expected to become one of the biggest public offerings in history. The big question here is for the...
Tag Archives: Facebook
The wait is finally over: The world’s largest social networking giant, Facebook has just filed for its Initial Public Offering [S-1 documents]. As expected and from earlier reports, Facebook is looking to raise $5 billion in its IPO bid. The company has just filed the preliminary prospectus – S1 documents with the Securities and Exchange Commission Wednesday afternoon...
The world’s largest social networking site Facebook as is preparing for its giant and one of the biggest IPOs ever – the company is coming under the similar patent lawsuits attacks as it is earlier being waged by other tech companies in the past. According to Reuters, Facebook was named as a defendant in total of 22 lawsuits accusing it of patents infringement –...
According to Reuters, the social networking giant, Facebook is expected to file its initial paperwork for its Initial Public Offering on Wednesday, seeking to raise $5 billion in its IPO bid. The company has selected Morgan Stanley and four other as bookrunners – Goldman Sachs, Bank of America Merrill Lynch, Barclays Capital and JP Morgan to handle its giant-IPO. Cited...
Facebook – the world’s largest social networking site is not only big with its users’ numbers but it is also big with its year-on-year revenue it is making since from the start. According to CNBC correspondent Julie Boorstein claimed that the company’s 2011 revenue was $3.8 billion with an operating profit of around $1.5 billion. She posted the number of twitter. The...
