As Facebook furthers its move to becoming Facebook, Inc., there are certain things that the world’s largest online social network will have to take into the fold. In addition to around 800 Million users attached to the network one way or the other, investors have entered the equation. Mark Zuckerberg, co-founder and CEO of the […]
Feb 3 2012 | Posted in
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“Hacking is also an inherently hands-on and active discipline. Instead of debating for days whether a new idea is possible or what the best way to build something is, hackers would rather just prototype something and see what works. There’s a hacker mantra that you’ll hear a lot around Facebook offices: “Code wins arguments.” “Hacker […]
Feb 3 2012 | Posted in
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The largest online social network in the world has now taken a big stride to get into the corporate world. After being surrounded by rumours for almost a year since the first word got out of Facebook’s headquarters, Mark Zuckerberg and company filed for their initial public offering at the Securities and Exchange Commission on […]
Feb 3 2012 | Posted in
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Facebook co-founder Dustin Moskovitz, whose work on the company was depicted in the 2010 film “The Social Network” owns 133.8 million shares, or 7.6 percent. Moskovitz was Zuckerberg’s roommate at Harvard University. Eduardo Saverin, another co-founder and Harvard classmate who sued Zuckerberg over ownership of the company, isn’t mentioned in yesterday’s filing. Neither are Tyler […]
Feb 3 2012 | Posted in
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(Reuters) – Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say. The Harvard dropout, who launched the social networking phenomenon from his dorm room, will control […]
Feb 2 2012 | Posted in
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After a long wait of almost a year since the first rumour sprung at the Pablo Alto, California head quarters, Facebook is planning to file for the Initial Public Offering at Securities and Exchange Commission on Thursday, February 02 or Friday, February 03. The filing will initiate the process of the social network’s net worth […]
Feb 1 2012 | Posted in
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Goldman Sachs is trying to pull some strings on the basis of its former relation with Facebook. The company led the private offering of Facebook but that relation frayed in the past few months. But the investment bank is trying to sway the top management at Facebook for a preference over other competitors. The reason […]
Feb 1 2012 | Posted in
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(Reuters) – Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the mega-IPO, sources close to the deal told IFR. The company founded by Mark Zuckerberg in a Harvard dorm room in 2004 picked Morgan […]
Feb 1 2012 | Posted in
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Facebook is planning to initiate the filing for their firs Initial Public Offering this year. The Securities and Exchange Commission will be taking the social network’s financial statements under consideration. So far the vitals of getting into the stock market are strong for Facebook. The reputation is good although Mark Zuckerberg and company has been […]
Jan 31 2012 | Posted in
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Facebook has “revenues,” not profits, of $4.3 billion. If the company becomes valued at $100 billion, and had zero expenses, it would take you 23 years to get your money back. Of course, there are expenses, which means that profits are a lot less, last year around $1 billion. So, at a valuation of $100 […]
Jan 31 2012 | Posted in
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Facebook, Inc. is on the verge of initiating the procedure of filing at Securities and Exchange Commission, US. The new stride into the corporate world is going to raise as much as $10 Billion from Initial Public Offering. This opens up new horizons for the social network to widen the span of their operations. The […]
Jan 30 2012 | Posted in
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Facebook unveiled Open Graph at F8 2011last fall, which is now available for developers interested in building apparently any lifestyle application they wish. Facebook is strongly supporting its Timeline project with two major product announcements. First, Facebook has signed over 60 new partners that are integrating with the social network to help the users to […]
Jan 19 2012 | Posted in
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