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That's right, Facebook is set to file an IPO today that will raise $5-billion for the company. In other words, "Facebook will reportedly sell $5 billion worth of equity to outside investors, and will use that money to grow its business/buy yachts." Continue reading to see some of the coolest Facebook Timeline art.

That $5 billion might sound like a lot, but it's actually about half of what had been rumored. And it is small, given that the total value of Facebook, public company, is expected to be a whopping $100 billion.
[via Gizmodo - WebUrbanist]

This entry was posted on 02/02/2012 00:30am and is filed under Breaking News, FaceBook .
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