IM Tweets

Tuesday
Feb142012

Facebook's New IPO

With the recent announcement that Facebook was presenting it's first IPO, came some very eye-opening statistics and numbers regarding just how much money is behind Facebook and how much money members of this mind-boggling, rapidly growing company are making. 

Facebook is looking to raise $5 billion with this recent public offering, which should become available sometime late spring or early summer. At this time, Facebook has not announced how many shares it plans to feel or the price-but we should be hearing from them soon about that. 

Facebook CEO Mark Zuckerburg's  total earnings in 2011 appeared to be about 1.5 million. And now with the addition of stock earnings, which Zuckerburg wins 28.4 % of--his earnings will be quite significant

Nearly 12% of Facebook's revenue comes from the gaming platform, Zynga, which produces Farmville, Cityville and several other online games that so many people who are on Facebook seem to enjoy. Zynga generated nearly $500 million in revenue for Facebook in 2011. And of course, Facebook's ads brings in the real revenue and is thought to be the main reason behind Facebook's IPO. 

With this massive amount of revenue being generated, the soaring membership and the absolute total fascination with Facebook--this company seems destined to be one of the world's top IPO's. 

Will you buy shares? 

 

« Google Earth 6.2 | Main | Apple Mini-Stores Coming to Target Stores »

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>