Thursday, February 2, 2012

Facebook IPO Filing Reveals Its Stunning Financial Size

Do you know how big Facebook is? Well for sure we know by the size of its viewers and members, which run into countless millions. But a majority would not know its financial size.

The recent filing of papers for IPO (Initial Public Offering) by Facebook Monday has however let the secret open. What started from a ordinary home, the Facebook has turned into the world's leading and most liked social media network. Anyone using computer is least likely not to be member of Facebook.
And when Facebook seeks to raise $5 billion in an IPO, it should not surprise us for we know its size could have amassed fortunes. 

Facebook CEO and co-founder also enjoys the use of a private plane, and earned a base salary of $500,000 last year, more than triple the salary of Google co-founders Larry Page and Sergey Brin when Google filed for its IPO.
Read more details: Huffington Post


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