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Facebook to Investors: You Like What You See?
Written by Paul Hartsock   
Saturday, 04 February 2012 06:00

FG_AUTHORS: Paul Hartsock

Facebook to Investors: You Like What You See? Facebook's finally decided to take a head-first dive into the mountain of cash it's been standing on for years. Following several days of heated rumors and years of speculation about when CEO Mark Zuckerberg was finally going to cash in his chips, the company filed an S-1 statement with the SEC, paving the way for an IPO as early as this May. Facebook has its sights set on hauling in $5 billion, making it the biggest Internet IPO in history. The move will likely make hundreds of Facebook staffers millionaires overnight.

Read more: http://www.technewsworld.com/rsstory/74344.html

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