Here is a delightful news for all Facebook lovers, the world's largest social network celebrates its eighth birthday with an announcement to filing Initial Public Offering. It has come up with Initial Public Offering with the Securities and Exchange Commission also has the intention of raising $5 in its IPO. This is the first-time public get a chance to view the revenue and growth of Facebook. But the stock pricing are not announced. Facebook has an annual revenue of $1.9 billion in revenue in 2010, and crossed $3.7 billion in 2011.
There are numbered of assumptions and anxieties around Facebook about the new movement. Major technical websites and other technical expertise are curiously glue their eyes to Facebook, to know what is next setup from Facebook .The quest to know more about the current scenario is amusing, people from all walks of life surfing and talking about this. Zukerberg is an orthodox man as Google founders, so people don't like wall street control over to Zukerbeg, more than they prefer he is in the driving seat of Wall street. There are under priced IPOs and stock usually shoots up the first the day.Huge investors get the basement payment, but at the same time small investors pull to buy on the open market. But Zukerburg's movement is very clear.He doesn't want to disappoint his users, his prime goal to raise money. Facebook's brand new movement has got mixed reviews from all over the world. Some people praise this with the economic aspects, another side strictly opposing the new IPO.
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