Facebook Finally Files for IPO | Geekosystem Feb01

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Facebook Finally Files for IPO | Geekosystem

Even though it only sits behind Google as King of the Internet, Facebook wasn’t actually a publicly traded company — and it even got the Aaron Sorkin treatment. Today, finally, Facebook has taken its first steps to becoming a publicly traded company and filed to sell shares on the stock market. Along with seeking to use the tickerFB” for its shares, it also filed seeking to raise five billion bucks. Facebucks, we’ll call them. Though not even close to Google in terms of revenue or control of Internet territory, analysts feel going public will give Facebook a major boost playing catch-up to the six-lettered Internet giant.


Facebook Finally Files for IPO | Geekosystem.