IPO

Facebook listing with Nasdaq

Facebook listing with Nasdaq

The social networking giant known as Facebook has been reported as working with Nasdaq OMX Group Inc to list their shares this summer as the most coveted newly listed Internet Business of this decade. Reports are that Facebook's stock will be working with the Nasdaq as a brand connection that's sure to bring even more attention to the already massively popular listing. Facebook PR has thus far declined to comment on the situation.

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Facebook shooting for May IPO

Facebook shooting for May IPO

Facebook may be ready to hold its initial public offering in May, according to a source familiar with the matter. The company recently asked firms to stop the trading of its privately held shares in the secondary market, a sign that it's trying to eliminate any valuation churns that might complicate its IPO.

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Sources claim Facebook is seeking more credit

Sources claim Facebook is seeking more credit

With Facebook planning its IPO soon, some early employees are looking at becoming very wealthy and possibly owing some significant taxes. Sources are claiming that Facebook plans to increase its $2.5 billion credit line to help cover taxes when employee stock vests six months after the social network goes public. The tip comes from two different sources claiming to be familiar with Facebook's plans.

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Tesla Model X maker set for space-bound IPO next year

Tesla Model X maker set for space-bound IPO next year

Relatively hot on the heels of the IPO of electric car making company Tesla and the reveal of their newest Model X, the head of the group Elon Musk is speaking of an IPO for SpaceX, also known as Space Exploration Technologies Corporation. Musk is a man who is set to be one of the few in the history of the world to head three separate companies opening three separate IPOs in the span of three years, and riding high on the wave of press he and Tesla are receiving today amid the reveal of the Model X, he's been vocal about his next big adventure. This man is so well known for his ability to conceive of and execute giant-style plans like this that he was given a cameo in the film Iron Man 2 pitching an electric jet to Tony Stark - how's that strike you?

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Facebook aims for Mobile Ads to target IPO interest

Facebook aims for Mobile Ads to target IPO interest

Reports show that both analysts and those claiming to be in inner Facebook circles are stating mobile advertisements are on the way. This move would pinpoint a time between when the group has announced its Initial Public Offering and the moment it goes live. With the Facebook IPO announcement having come just last week and the actual sale of stocks looking to be somewhere around May, this mobile ads project, should it prove true, would be a power move by Facebook to attain hype and interest by the time that stock drops.

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Artist David Choe celebrates massive Facebook cash windfall

Artist David Choe celebrates massive Facebook cash windfall

One of the biggest cash winners in the IPO for Facebook here early in 2012 is an artist by the name of David Choe, and without a doubt he'll be the one enjoying it the most. As he writes in his humble blogspot blog today "I get up and see my picture of the New York Times and I find out that I'm the most highest paid decorator alive." That's got to feel nice, or perhaps bittersweet in a way, for a fellow who's already been around the world selling his priceless artworks under the title Graffiti Artist.

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Facebook’s IPO filing sends Zynga stock soaring

Facebook’s IPO filing sends Zynga stock soaring

The big story this week has been the Facebook IPO filing that is set to make a bunch of early employees at the social network millionaires. The Facebook IPO filing also showed how important game developer Zynga was to the money Facebook earns. The filing showed that Zynga accounted for 12% of Facebook's 2011 revenue. That means that to some extent profits for Facebook and profits at Zynga are intertwined.

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Facebook IPO’s biggest winner may be artist David Choe

Facebook IPO’s biggest winner may be artist David Choe

Back when Facebook was limited to its first couple of campuses here in the USA, artist David Choe was commissioned to paint their interiors in exchange for stock options instead of cash. As you can imagine, this was the correct choice made by the artist to choose the stocks and wait this long to cash them in, because instead of the "thousands" of dollars he would have gotten back in 2005 and 2007, he now has right around $200 million USD in stock value. That's some major cash for a fellow who, though he certainly isn't doing bad on his own, will be blowing this cash on some fabulous swag in the near future.

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Facebook depends on Zynga for 12% of revenue

Facebook depends on Zynga for 12% of revenue

Facebook officially filed its IPO today and the documents reveal that the social network's $3.71 billion revenue in 2011 has been dependent largely on its successful partnership with Zynga. Although Facebook generates a majority of its revenue from advertising, Zynga is responsible for almost all of the network's "Payments" revenue, worth 12% of total revenue.

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Facebook IPO launched officially

Facebook IPO launched officially

The social network known as Facebook has officially signed its Initial Public Offering, authorized by Ernst & Young LLP as having shares of its common stock available to the world today. Facebook seeks to raise $5 billion USD, just about half of what analysts were expecting on the whole. In the filing, its apparent that Facebook's current cash, cash equivalents, and marketable securities totals in at $3,908,000,000 - that's a lot of bank. Similar numbers can be seen in working capital at $3,705,000,000 and total stockholders' equity at 4,899,000,000 - that being over 5 billion USD in pro form. Total assets, the biggest of the sets, sits at over 6 billion USD.

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