Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Wednesday, February 8, 2012

The Wealthiest Artist In America

When graffiti artist David Choe spray-painted a mural on the walls of a brand-new company called Facebook, he accepted stock options in lieu of cash. That may have been a $500 million decision.

Wednesday, February 1, 2012

Facebook's IPO May Come Today

And it will be a whopper.
The online social network Facebook was to file for a $5 billion public stock offering with U.S. securities regulators Wednesday, several news outlets reported. The filing -- half the $10 billion most analysts earlier estimated -- is a starting point Facebook has said could ultimately value the company at $75 billion to $100 billion. That valuation would be one of the largest initial public offerings in U.S. history, CNBC reported.
CNN reports that Facebook's market valuation will likely exceed that of Disney or General Motors.