Facebook IPO filed.. raising $5 Billion.. now we wait.


Facebook has just filed their initial public offering, the first step in taking the company public. For now the figure being raised is $5 Billion, which will turn hundreds of their employees into millionaires. Hopefully their contracts mean they have to stick around for a while after the filing is rubber stamped.

If you’re looking to buy stock, you’ll need to look for the trading symbol “FB”, after the SEC approves the filing. While exact shareholder stakes in Facebook have largely been kept secret, it is now revealed that Mark Zuckerberg still owns 28.4% of the company. Depending on the valuation of the company, Zuckerberg’s stake may be close to $30 billion once the IPO shares are sold.

Facebook stats

The filing also reveals some astonishing figures listed below:

  • Net income of $1 billion in 2011, $3.7 billion revenue.
  • Facebook had 845 million MAUs as of December 31, 2011, an increase of 39% as compared to 608 million MAUs as of December 31, 2010.
  • Facebook had 483 million daily active users (DAUs) on average in December 2011, an increase of 48% as compared to 327 million DAUs in December 2010.
  • Facebook had more than 425 million MAUs who used Facebook mobile products in December 2011.
  • There were more than 100 billion friend connections on Facebook as of December 31, 2011.
  • Facebook users generated an average of 2.7 billion Likes and Comments per day during the three months ended December 31, 2011.

There’s no denying it, those figures are amazing and demonstrates how strong the company is and why now is a great to to file for the IPO. I guess they haven’t yet reached the 1 billion users mark yet, or that’d be surely be included. The S-1 Registration Statement to the US Securities and Exchange Commission is embedded below, all 201 pages of it.

Facebook S-1

More @ TechCrunch and The Verge.

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