Facebook files for $5 Billion IPO

After being spoken about for so long, Facebook have finally filed for its (IPO) initial public offering (resulting in thousands of tech bloggers heading to their battle stations) and are seeking to raise $5 Billion. Founded by Mark Zuckerberg, who is said to own 28.2 percent of the company, Facebook will  trade under the stock symbol “FB”.

Some interesting facts have also popped up in the filing, which include:

  • We had 845 million Monthly Active Users (MAUs) as of December 31, 2011, an increase of 39% as compared to 608 million MAUs as of December 31, 2010.
  • We had 483 million daily active users (DAUs) on average in December 2011, an increase of 48% as compared to 327 million DAUs in December 2010.
  • We had more than 425 million MAUs who used Facebook mobile products in December 2011.
  • There were more than 100 billion friend connections on Facebook as of December 31, 2011.
  • Our users generated an average of 2.7 billion Likes and Comments per day during the three months ended December 31, 2011.
  • $3.7 Billion was made in total revenues in 2011, an increase of 88 percent on 2010
  • Around 12 percent of all revenue was made from Zynga Apps
  • $1 Billion in Net Income (Profits) was made in 2011, an increase of 65 percent on 2010 ($606 Million)

Of all the facts there, I’m mostly shocked about the Zynga contribution to Facebook’s revenues. It’s also been stated that they (Facebook) entered a multi-year agreement with Zynga in 2010, in order to keep them fairly close to the Social Network.


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