Facebook IPO:Mark Zuckerberg’s annual salary coming down to $1 in 2013 !

With Facebook’s S-1 filed with the Securities and Exchange Commission for what is set to be a blockbuster IPO worth at least $5 billion in May, Mark Zuckerberg is now firmly sitting among Silicon Valley’s top chief executives, if he wasn’t already. And, probably with that in mind, Zuckerberg is falling in line with a tradition among some of the valley’s top CEOs: a $1 annual salary. Zuckerberg received a $500,000 salary…
Read more...9 things Facebook could do with its IPO money

If facebook is going to raise $5 billion through the share offering, where is that money going to go? I’m sure a long line of pundits will have some ideas, but here are nine things I think Facebook will do with that giant wad of dough. Why nine? Because I couldn’t think of 10. 9. Build a base on the moon. I joked about it on Twitter, but I’m serious. Facebook…
Read more...How does Facebook make its money?:Facebook IPO

Facebook’s IPO filing shows that the company brought in about $3.7 billion in revenue and made $1 billion in profit in 2011. Advertising makes up the lion’s share of the company’s revenue — $3.1 billion — though payments and other fees have been making up for a larger percentage of revenue over the past two years. Sixty-six percent of Facebook’s total revenue from 2011 was made in the U.S., but…
Read more...Tags:facebook ipo , facebook revenue , facebook valuation



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