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Thursday, February 2, 2012 - 05:30 IST
Facebook Raising $5B In IPO; With $3.7B Revenues, $1B Profit In 2011
BY Reuters
Out of 2011 revenues, as much as 85% was from advertising while social-gaming company Zynga accounted for 12%.
Facebook took the first step toward public markets in the year's most highly anticipated IPO, which could rank co-founder Mark Zuckerberg among the world's richest people.
The world's largest social network, a dorm room project for Harvard dropout...
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RECENT COMMENTS
- 19 June 2013RaxitonVrishank, gr8 interview, met shailesh few months back and really impressed!
- 18 June 2013Vijay SambamurthionWith all due respect.....I disagree with most of this article! The author has cleverly employed rhetoric to make a...
- 18 June 2013ManishonSandeep, your article does not provide any substantial reasons on why marketplace is more difficult than inventory-led...
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
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