Published: February 1, 2012
Facebook filed today for an initial public offering that is expected to be one of the largest U.S. stock-market debuts in history and the largest coming from Silicon Valley.Although it will take months for the final price to be established, many journalists expect the social networking company to be valued at approximately $85 billion.
After the stock offering, Mark Zuckerberg, the founder and CEO of Facebook, will still control the company thanks to special shares that will carry 10 times the voting power of the public ones.
Image courtesy of Katrina.Tuliao via Flickr
Related links:
- Document filled by Facebook with the Securities and Exchange Commission
- Artist Becomes Millionaire Thanks to Facebook
