Facebook's $100 billion IPO: By the numbers
When the social network goes public in 2012, Mark Zuckerberg's company may instantly become one of the the biggest hits in IPO history
One hundred billion dollars. That's the eye-popping amount at which Facebook's swoon-worthy 2012 IPO could value the social media giant, according to The Wall Street Journal. Here, a brief guide to the figures and the forecasts:
$24 billion
Net worth gained by Facebook CEO Mark Zuckerberg if the IPO values his company at $100 billion
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
$10 billion
Amount the company reportedly wants to raise in its IPO. That would be one of the largest public stock offerings ever, and the largest for any tech company.
13
Number of past IPOs valued at more than $10 billion. According to Dealogic, only three — Visa Inc. at $19.7 billion in 2008, General Motors at $18.1 billion in 2010, and AT&T Wireless at $10.6 billion in 2000 — have been U.S. companies.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
$21.9 billion
Amount of stock Industrial & Commercial Bank of China sold when it went public in October 2006 in one of the largest IPOs ever. At the close of its first day of trading, the company's market value was $148 billion.
$1.6 billion
Revenue Facebook took in in the first half of 2011, according to Reuters. While that's double what the company raked in a year earlier, it's less than investors forecasted. "If Google or any other public company just announced such a revenue miss, its stock would be nosediving," says Sam Hamadeh, a longtime critic of Facebook.
$23 billion
Value of Google when it went public in 2004, after raising $1.9 billion
$193.11 billion
Google's current market cap
$12.7 billion
Value of Groupon when the daily deals site went public on November 4
$16.7 billion
Value of Groupon after its first day of trading
$9.7 billion
Groupon's current valuation
42
Percent Groupon's stock has plummeted in the last five days of trading alone
$2.8 billion
Pandora's value after its first day of trading on June 15
$1.7 billion
Pandora's value today
More than 800 million
Number of users Facebook has
$125
Approximate value of each user, given Facebook's possible $100 billion evaluation
500 million
Users who log into the site daily
Sources: Facebook, Google Finance, Reuters, Telegraph, Wall Street Journal (2)
-
US won its war on 'murder hornets,' officials say
Speed Read The announcement comes five years after the hornets were first spotted in the US
By Peter Weber, The Week US Published
-
California declares bird flu emergency
Speed Read The emergency came hours after the nation's first person with severe bird flu infection was hospitalized
By Rafi Schwartz, The Week US Published
-
Trump, Musk sink spending bill, teeing up shutdown
Speed Read House Republicans abandoned the bill at the behest of the two men
By Peter Weber, The Week US Published