Cheat sheet: The Facebook IPO

email article email article print article print article tip @techmeme

Chances are, anyone in your office even remotely interested in tech or business is going to be talking about Facebook’s IPO today. If you’re feeling a little out in the cold, don’t worry. We’ve got your back. Here’s everything you need to know about the Facebook IPO in a nutshell.

  • The social network’s initial public offering consists of 421 233 615 shares.
  • Shares will start trading at US$38 apiece. Predict the closing price.
  • There are two classes of Facebook stock. Class A stock is worth one vote, and is available to the public to buy on the open market. Class B stock is worth 10 votes per share and is only available to select individuals and investors.
  • Facebook is offering 180 000 000 shares of Class A common stock and selling stockholders are offering 241 233 615 shares of Class A common stock.
  • Mark Zuckerberg owns 57.1% of Class B stock and therefore retains voting control.
  • Zuckerberg owns a total of 533 801 850 shares in Facebook. That’s a 28.4% stake in the company.
  • Zuckerberg will sell shares worth approximately US$1.5-billion in the IPO, with his personal stake being worth about US$19.1-billion. See who gets what.
  • Facebook will raise approximately US$16-billion with its IPO. US$6.84-billion for the company itself and the rest for investors.
  • Visa Inc. raised US$17.9-billion in its 2008 IPO, the most in U.S. history. Facebook raised the second highest amount in history.
  • With Facebook’s IPO, the company is now valued at US$104.2-billion, making it the largest company to go public, ever.
  • Microsoft’s 1.6% share in Facebook implies a value of around US$15-billion.
  • With the IPO, Facebook will become the 23rd largest U.S. company by stock market capitalisation. Larger than Amazon.com Inc. and Cisco Systems Inc.
  • Facebook is one of the few companies among recent internet startups to be profitable at their IPO. In 2011, Facebook posted a profit of US$1-billion and US$3.7-billion in sales.
  • At IPO Facebook’s market value is about half the size of Google’s which is worth more than US$200-billion. To hand shareholders the same returns as Google, Facebook would have to be worth about US$920-billion by 2020.
  • Facebook will start trading on the NASDAQ Global Select Market at 11AM Eastern Time under the “FB” symbol.

Check out more fascinating Facebook numbers on ZDNet and GigaOM.

email article email article print article print article

Related Articles on the Web

Related articles

Topics for this article

[ advertising enquiries ]

Share
  • BURN MEDIA TV

    WATCH THE LATEST EPISODE NOW
    Latest Episode
    Sony Xperia Z2 Review

MORE HEADLINES

news

VIEW MORE

interviews

VIEW MORE

future trends

VIEW MORE

entrepreneurship

VIEW MORE

social media

VIEW MORE

facebook

VIEW MORE

twitter

VIEW MORE

google

VIEW MORE

advertising & marketing

VIEW MORE

online media

VIEW MORE

design

VIEW MORE

mobile

VIEW MORE

More in Facebook

Facebook's IPO will only make Mark Zuckerberg stronger

Read More »
Link