Created to serve a "social mission," not to make a profit, Facebook looks to raise $5 billion from its offering, while investment banks may generate as much as $500 million in fees. According to Danny Sullivan, "Facebook cites mobile use growing more as a risk, since it doesn’t serve mobile ads. In contrast, Google sees mobile as new opportunity. Facebook calls out that 12% of its revenue comes from Zynga, a risk." Let’s bulletpoint those revenues by year:
2007: $153 million
2008: $272 million (about double)
2009: $777 million (about triple)
2010: $1.974 billion (about triple)
2011: $3.711 billion (about double)
Net income?
2007: -$138 million
2008: -$56 million
2009: $229 million
2010: $606 million
2011: $1 billion
2007: $153 million
2008: $272 million (about double)
2009: $777 million (about triple)
2010: $1.974 billion (about triple)
2011: $3.711 billion (about double)
Net income?
2007: -$138 million
2008: -$56 million
2009: $229 million
2010: $606 million
2011: $1 billion
Source: USATODAY.comFacebook created to serve a "social mission," CEO Mark Zuckerberg said in a letter to investors including in the company's IPO filing.
bostinno.comI am going to come out and say this right away. After Facebook goes public later this year, they will acquire Nanigans. Facebook ad
bits.blogs.nytimes.comAt long last, it's Facebook Filing Day. The tech reporters and editors at The Times have downloaded their own personal copies of the company's long-awaited filing for an initial offering and are combing through it for interesting, uh, bits. We'll update this post as we find them.
mashable.comThe S-1 filing for Facebook's IPO gives us a glimpse at who has the highest salary and best compensation packages at the social network.
abcnews.go.comPeter Foley/Bloomberg via Getty Images LETTER FROM MARK ZUCKERBERG Following is the full text of the letter Facebook’s CEO, Mark Zuckerberg, included when the company filed Wednesday for an initial public offering of stock with the Securities and Exchange Commission. Facebook was not originally crea...
mashable.comIn its IPO filing with the SEC today, Facebook disclosed every detail about how it creates revenue.
mashable.comFacebook is now valued at $100 billion. What else in the world is worth that kind of money? We found 10 incredible examples.Owen Frager shared a link.
mashable.comHere's one of the more painful parts of taking a company public: you have to make an honest public assessment of all the things that could kill your business. Facebook is no exception.
adage.comFacebook looks to raise $5 billion from its initial public offering, while investment banks may generate as much as $500 million in fees.
1 comments:
Hello Owen,
The Bad news for FaceBook is that Google knows what they are doing with their massive War Chest of CASH ! Apps and Scanning along with mobile will give Google a decided edge. FaceBook is no GOOGLE ! Also critics of Googles buying Motorola are clueless as to Googles Wise intentions " Its The Platform Stupid !"
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