Facebook IPO
With over 800 million users and an estimated IPO valuation of $100bn , what does this mean for the world and facebook’s employees. Well firstly this sits Mark Zuckerbergs share in the company at a handsome $28bn and Cheryl Sandberg’s share will be worth $1.6bn in addition to her $31million a year remuneration (I bet no one is laughing at her for leaving google now). My favorite story of the IPO is of the graffiti artist who painted facebooks first ever office. He was offered either a few thousand dollars payment for the job.. or the equivalent in shares. He took the shares… they are now worth $200million ! I personally see facebook going from strength to strength .. with a large focus on facebook commerce stores and more gaming partnerships with firms such as Zynga.
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