Facebook officially filed for their IPO last week with an expected offering to take place in May. At that time, Facebook will be valued somewhere between $75 billion to $100 billion. Also announced were the company’s 2011 financials, showing $3.7 billion in revenue. As strong as this figure looks at first, investors should look further into key data to see how Facebook generates so much of their revenue. Read more
Related posts:
Feb. 18 - Lin Putting Bounce Back in US Basketball | China Daily
Apr. 5 - WebiMax CEO Kenneth Wisnefski Announces Major Evolutions in the Online Search Industry | Sa...
July 20 - Opinion: Health-care reform puts power of coverage back in small business owners’ hands | ...
Twitter’s Mobile Push Resonates, Driving Revenue and Stock Value