It’s a Facebook week as the social giant IPO May 18th date approaches, company’s CEO Mark Zuckerberg laid out growth strategy to investors on Friday stating that it will transform its mobile and advertising experience as top priorities in 2012, Reuters reports. Stating further, emphasising on integrating online apps more strongly into Facebook is a major goal.
The social giant had recently filed its sixth amendment to its S-1 filing to IPO showing how the shift from web to mobile of its user base will result in fewer ads per user, which probably result in lowered the company’s income source: the advertising. Facebook has also granted about $796 million in restricted stock units to employees less than a week ago. These restricted stock units, or RSUs, could be worth anywhere from $707 million to $884 million based on Facebook’s expected $28 to 35 price range per share.
- Facebook Roadshow Reel (Comic)
- Analyst: Zuckerbeg’s Hoodie Shows He Is Immature
- Facebook S-1 Filing To IPO: Shows Shifting User Base From Web To Mobile, Granted About $796 Million In Restricted Stock To Employees This Month
- Reddit’s Ohanian: Won’t Invest In Facebook Due To Its CISPA Support
- Zuckerberg Will Be Worth $25 Billion Once The Facebook IPO Is On, It Is $6.4 Billion More Than What Yahoo Total Capitalization
- Breaking: Facebook IPO Detailed
- Breaking: Facebook Pricing Its IPO At $85 – $95 Billion, Says WSJ
- Breaking: Facebook IPO Set For May 18th