Mark Zuckerberg is officially the 29th richest man on earth, overtaking Google founders.
Facebook is the third BIGGEST IPO of all time.
“Facebook priced its shares at $38 on May 17, giving a $104 billion value to the social network company. As a result, Facebook is the third-largest IPO in U.S. history.” source: http://www.washingtonpost.com/business/facebook-joins-ranks-of-largest-ipos-in-us-history/2012/05/18/gIQABxtuYU_gallery.html#photo=8
It was a memorable event for Facebook as they officially announce Facebook IPO at their headquarters. First time I saw Mark Zuckerberg with tears of joy. Here is an excerpt of his short speech.
“We don’t wake up in the morning with the primary goal of making money, but we understand that the best way to achieve our mission is to build a strong and valuable company. This is how we think about our IPO as well. We’re going public for our employees and our investors. We made a commitment to them when we gave them equity that we’d work hard to make it worth a lot and make it liquid, and this IPO is fulfilling our commitment. As we become a public company, we’re making a similar commitment to our new investors and we will work just as hard to fulfill it.”
So aside from Mark, let’s take a look at how the other shareholders are worth:
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| From: techcrunch.com |
