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
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’Ello, Facebook! Sincerely, Your New Ad-Free Competitor