Thursday, February 2, 2012

Facebook files $5 billion IPO, values the company at nearly $100 billion

Facebook files $5 billion IPO, values the company at nearly $100 billion
The rumor, speculation and awkward Winklevii jokes can end (at least for now) as Facebook has officially filed for its public offering. Underwritten by Morgan Stanley and Goldman Sachs amongst others, the internet's most popular site seeks to trade under the stock symbol "FB" when it goes public later this year. The company is seeking to raise $5 billion, according to this early filing, amounting to a lofty (and still tentative) valuation north of $50 billion. If that turns out to be accurate, though, Zuck will be one (especially) rich man: with a nearly thirty percent share in the company, his net worth would balloon to almost $30 billion.

The process of going public also provides a rare glimpse into internal stats previously kept private, with documents revealing the service has 845 million active users each month -- nearly half of which log in and actuate 2.7 billion likes and comments each day. The filing also sheds light on the company's balance sheet, with revenues of $777 million, $1.97 billion and $3.71 billion in 2009, 2010 and 2011, respectively. All told, it logged profits of $229 million and $606 million in those years -- earnings that were bested by the $1 billion it netted in 2011. The majority of its revenue comes from advertising, yet a sizable chunk (12 percent) of last year's figure comes courtesy of Zynga. All in all, that's enabled the company to stash away nearly $4 billion in cash -- a sizable nest egg for a company only eight years old. As for Zuck, his 2011 salary of $500,000 will be cut to $1 as of January 2013, but he'll be more than comfortable, thanks to that 28.4 percent stake in the company.

Facebook files $5 billion IPO, values the company at nearly $100 billion originally appeared on Engadget on Wed, 01 Feb 2012 16:52:00 EDT. Please see our terms for use of feeds.

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/KsSbEcdsQCI/

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Wednesday, February 1, 2012

How To Choose A Reliable Gynecologist ... - New Health and Fitness


New Health And Fitness.Org - Health Information You Can Use

Women at times find it hard choosing a heath care expert to take care of their needs. Women have special needs and with many gynecologist Palatine practitioners that are available, making a selection might present a huge challenge.

A gynecologist is an expert in medical field and deals with issues pertaining to women. They treat many issues that are hormonal imbalances and various ailments that afflict women of all ages and social backgrounds. The treatments offered are very specific to the needs of every woman. It is important that a woman selects a doctor whom she is at ease with.

Fortunately, the entire Palatine area has many practitioners hence there is no limitation for whoever who would like to make a selection. You are able to choose one that suits your personal tastes and lifestyles. Any woman who would like to find a good professional should know a few things.

Size of the practice: Some women prefer personalized service which can only be offered by a smaller practice. However, some root for bigger practices due to a wide array of health care services that are offered under one roof.

Some women prefer personalized service and this makes them choose small practices. But there are those who prefer bigger practices because they believe they have what it takes to offer diverse services. Go for the one that suits you most.

Some women prefer certain sex of health care specialists. As time moves on, some will place a huge importance on being able to see a male or female gynecologist Palatine. This either breaks or makes any deal in decision making process. Gynecologist Palatine

Learn more here: Gynecologist Palatine

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Source: http://newhealthandfitness.org/2012/01/31/how-to-choose-a-reliable-gynecologist-palatine-2/

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Video: Facebook will file for IPO

CNBC has confirmed that the social networking company, valued at more than 75 billion dollars, will file for a $5 billion initial public offering. NBC?s Brian Williams reports.

>>> big news in the business world tonight. our friends and colleagues over at cnbc have confirmed facebook will file initial paperwork tomorrow morning for a $5 billion initial public offering . the company is looking at a valuation worth of the firm of between $75 billion and $100 billion, which would vault it right into the ranks of the largest public companies on the planet.

Source: http://video.msnbc.msn.com/nightly-news/46211825/

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