Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
May 18, 2012 06:59 pm GMT

Need A Little Context On Facebooks IPO? The Social Network Made More Money Than

Screen shot 2012-05-18 at 11.06.09 AMToday's Facebook IPO is a momentous, historical occasion. It's set to be the biggest tech IPO ever, and the third largest IPO in U.S. history, second only to Visa and General Motors. The company that was once just a glimmer in the eye of a Harvard student named Mark Zuckerberg raised over $16 billion yesterday as shares were gobbled up by hungry investors, and that $38 share price point is expected to increase as the stock starts trading around 11am today. Do you know how much money that is?

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8vaunMTJEK0/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch