Facebook Prepares for $100 Billion IPO

Facebook is scheduled to be valued at $100 Billion in stocks making it the second biggest IPO in history just behind search giant Google. This is remarkable when you think that the world’s current leading social media network was launched only eight years ago inĀ Mark Zuckerberg‘s college dorm room. The company earned $1 billion last year, up 65% from the prior year and revenue is projected to rise 65% to $6.1 billion this year. Full Story

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