Facebook’s monthly active users have climbed to 845 million according to the company’s recent IPO prospectus. Active daily users clock in at just about 483 million. But don’t be fooled by the numbers, argues Andrew Ross Sorkin in the New York Times. Not everyone counted as “active” is actually visiting the Facebook website. Facebook counts […]
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Facebook has finally put a rest to the rumors, filing their initial public offering with the SEC and disclosing a bunch of juicy details in the process. Perhaps the most surprising figure of the day – at least so far – is how the company that brought you FarmVille, Zynga, is responsible for fully 12% […]
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The real winners in Facebook’s upcoming public offering will be its current owners. Barrett has a helpful pie chart illustrating just who these lucky few happen to be: Honestly, I had no idea that Bono had such a large investment in Facebook. We’ve all heard of and ‘s investments in the social media giant, but […]
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Rumors continue to swirl around Facebook’s imminent initial public offering. According to Bloomberg, the social media giant has chosen “to take the lead on its planned initial public offering, four people with knowledge of the matter said.” Facebook will file with regulators today in order to raise an initial $5 billion, though Bloomberg reports that […]
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When Groupon went public a few weeks ago, I warned at the time that we should be skeptical of the IPO. My Forbes colleague, Eric Savitz, reports that the stock is falling apart: In an ominous development for the Internet IPO market generally and the daily deals sector generally, investors are walking away from […]
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