Course offers training in English language, interviewing skills, resume writing, and job search tips
Facebook’s IPO, expected in a couple of weeks, would be the biggest ever for an Internet company. Facebook disclosed the price range of $28 to $35 per share in a regulatory filing on Thursday.
At the high end, Facebook and its current shareholders could raise as much as $13.58 billion — far more than the $1.9 billion raised in the 2004 offering for current Internet IPO record-holder Google. The IPO valued the company at $23 billion. Google is now worth about $200 billion.
Facebook’s IPO has been highly anticipated, not just because of how much money it will raise but because Facebook itself is so popular. The world’s largest online social network has more than 900 million users. CEO Mark Zuckerberg, who turns 28 this month, has emerged as a wunderkind leader who’s guided Facebook through unprecedented growth from its scrappy start as an online hangout for Harvard students.
Facebook’s offering values the company at $76 billion to $95 billion, based on the expected number of Facebook shares following the IPO. That’s about 2.74 billion, according to Renaissance Capital, an IPO investment adviser. The value is set by multiplying the number of shares by the expected stock price.
Facebook’s next step is an “IPO road show,” where executives talk to potential investors about why they should invest in the stock. On Thursday, Facebook posted a version of its road show online, with appearances from Zuckerberg; Chief Operating Officer Sheryl Sandberg; finance chief David Ebersman and other executives. The company said that putting the road show online was consistent with its focus on “authentic, engaging information.”
“We think people’s lives will be better and really that the whole world will function better when there is more information and understanding out there,” Zuckerberg says in the video, wearing a T-shirt and jeans as he usually does.
AP
Course offers training in English language, interviewing skills, resume writing, and job search tips
Beloved to tourists as well as residents, these spots not only fulfil your food and shopping cravings, but also provide experiences in nature
It means that residents are within a quarter-hour walk or bike ride from everything they need to a lead a good life
The Minister of Youth shared some exercises — from walking to fitness and balance training — integral to his reconditioning programme
Pezeshkian's remarks came as the Islamic republic marked the anniversary of the September 2022 death of 22-year-old Iranian Kurd Mahsa Amini in police custody
Agents opened fire on a gunman who was spotted with an assault-style rifle hiding in bushes at one of Trump's Florida golf courses
The superfans stumping for Kamala Harris are not formally affiliated with the artist who unites them
From choosing secure connections to avoiding risky pop-ups, here's how you can protect your privacy