Facebook is Making Bank! Facebook to Go Public, Raise $5B
- Details
- Created on Thursday, 02 February 2012 03:11
- Written by Planet Fashion TV
- Category: News
Facebook on Wednesday filed its S-1 form with the SEC for an Initial Public Offering.
The company is seeking to raise $5 billion.
Facebook co-founder and CEO Mark Zuckerberg has also penned a letter outlining the goals behind the company's IPO.
"Facebook was not originally created to be a company. It was built to accomplish a social mission — to make the world more open and connected," he wrote. "We think it’s important that everyone who invests in Facebook understands what this mission means to us, how we make decisions and why we do the things we do."
Read Full Story Here: Facebook Files S-1 For $5 Billion IPO
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