Facebook & Conferences
Posted by emalouisethompson
Facebook shares go on the market today
For weeks there has been news about the Facebook IPO (initial public offering) and today investors can start buying stock. Reading many articles I have summarised some of the interesting stats:
- Expected to sale at $38 a share – raising $16 billion
- This would be the largest tech IPO in history
- It would make Facebook worth more than Disney!
- Facebook will retain 57% of the company
What does this mean for Facebook – the money will allow them to make more strategic acquisitions but will also mean they will need to extend how they make revenue. Stats about their current revenue are:
- Made $5 billion last year
- 85% from advertising
- $2.4 from mobile advertising
Two ways to add revenue are gaming, which is popular via Facebook but not a huge revenue generator and the selling of data – not something anyone is keen on.
If you want to read more, the USA today article is great.
Guardian covered the key players.
I also found a great infograph on everything you need to know:
Missed a couple of great conference whilst I was away. Luckily found some great summaries:
Really interested to see that another US bill is being looked at – CISPA
Recently read some great articles following on from topics I have talked about:
Finally rather than a stat to sign off I have found some great Facebook stats
UPDATE – Since the shares went on sale, many things have happened:
What happens next? I will update this post when I know!