Facebook IPO to raise about $10,000,000,000. Value of Facebook approaches 100 Billion.
The numbers are staggering as Facebook prepares to launch her initial public offering. With Facebook share prices expected to be $28-$35, Facebook’s public value will be 77-96 Billion dollars, making the company one ofthe biggest in the world and founder Mark Zuckerberg one of the richest humans ever to walk the planet. Also one of the youngest rich humans. At 27, the wiley coyote (or maybe better the roadrunner) of American Internet Entrepreneurs has come to dominate both his company and the social media market niche in a way noone has ever done before.
(Reuters) - Facebook Inc CEO Mark Zuckerberg fielded questions about the No. 1 social network’s slowing revenue growth … as he kicked off a cross-country roadshow to promote the company’s $10 billion IPO. MORE from Reuters