, Facebook, submitted an initial public offering application for the investment for all who shares the world’s largest network of the social has paved the way. The main details are as follows:
offering scale: Facebook said it plans to raise $ 5,000,000,000. Some critics believe that, according to previous media reports $ 10 billion of view, this is a major setback for Facebook ambitions. Please note two things: (1) these early reports may be wrong, but Facebook has never been formally offering scale similar figures, so the claim that it adjusted the target figure has always been absurd. (2) S-1 document (prospectus) above the offering of the numbers tend to be more than the other data touch. For example, the original outside the Carlyle Group (Carlyle Group) is expected to finance billions of dollars the company, however, would only apply to raise $ 100 000 000.valuation situation of
: rarely in the S-1 applications to disclose the details of the expected stock price, Facebook is no exception. It is reported that in order to clear the valuation of this company will be between $ 75 billion to -1,000 billion, but have to wait until the supplementary application.
financial position: Facebook in 2011 revenues of $ 3.71 billion and net income of $ 1,000,000,000. This is consistent with our previous Road to get small financial information. In other words, it did not come up with the like Google (Google) as startling figures. The company also revealed that the end of 2011, the company has cash of $ 3.9 billion.
shareholders: Mark Zuckerberg, Facebook’s biggest single shareholder, but also control the right to vote. Other large shareholders include venture capital institutions to accelerate Partners (Accel Partners), the DST Group, T. Rowe Price fund companies, and Goldman Sachs (of Goldman Sachs).
Bank: As expected, Morgan Stanley (Morgan Stanley) to grab the coveted starring role. And Goldman Sachs, JP Morgan Chase (JP Morgan) also get a major bill business. bank Merrill Lynch (BoA Merrill Lynch), Barclays Bank (Barclays Capital) and Allen (Allen & Co.), the while U.S. is composed of the underwriting syndicate.
cause potential shareholder letter: sent a letter has become the practice of all major technology company initial public offering since Google began, Facebook’s CEO issued a letter for potential shareholders. The most important sentence is: “The purpose of the build service is not to make money; we make money is to build a better service.”
listed information: Facebook’s trading code for the FB, it is not clear it will select in the New York Stock Exchange (NYSE) or NASDAQ (NASDAQ) listed.
bonus: Zuckerberg last year’s base salary of $ 500,000. Dividends totaling approximately $ 1.5 million he got last year. Chief Operating Officer Cheryl Sandberg and Chief Financial Officer David • Ebosiman, the basic salary is $ 300,000, but the dividend has reached U.S. $ 30.8 million and $ 18.7 million.
shareholders realized: I really hope that the document embodies so far, including internal staff, including Zuckerberg took less money. But bad luck. Mentioned above, Morgan Stanley had in 2010 and in 2011 purchased a number of internal staff shares, but did not identify the specific details. This is the opposite with social gaming giant Zynga and buy site Groupon, the two companies are in the file clearly indicate the amount of the sale of shares and the seller. Nevertheless, to speed up the partnership and Dustin Moskowitz (Facebook co-founder, has already left – Annotation) have been sold in the secondary market for Facebook stock. A source said (and I stress, only one news channel), Zuckerberg is never sold in the secondary market shares.