From the Merc:
In a milestone for one of Silicon Valley’s hottest companies, Facebook on Wednesday filed papers announcing a $5 billion initial public offering of stock in the world’s biggest social networking business.
The stated size of the offering is smaller than expected, after weeks of speculation by analysts and industry observers who predicted Facebook might seek up to $10 billion. But documents indicated the figure is preliminary; the company could revise the numbers as it prepares to begin selling stock this spring.
From Kara Swisher on AllThingsD:
Here’s the major stats on Facebook’s IPO filing, which it just filed: 845 million users and 483 million daily users; annual revenue $3.7 billion; $1.8 billion in operating income and $1 billion net income.
KQED also spoke to Swisher about the IPO’s impact on the local economy.
- Facebook IPO to spark valley economy (SJ Mercury News)
- Zynga Accounted for 12 Percent of Facebook’s Revenue in 2011 (AllThingsD)
- Facebook Has 845 Million Users, Each Worth $4.39 in Revenue (AllThingsD)
Below is a screenshot from page 127 of the filing, showing who owns what in the company… You’ll notice the Zuck’s portion: nearly 534,000,000 shares, good for a 28 percent ownership stake.