13 minutes ago • Business Wire NEW YORK (Reuters) – Facebook has successfully completed the largest Internet IPO in history brought upon the stage. The social network was able to get rid of his shares at the targeted maximum price. Facebook and its former owners, a total of a 16 billion dollars (12.3 billion euros).
per piece went for $ 38, the share certificates to investors. This was at the upper end of the price range 34-38 dollars. This was announced by Facebook late Thursday. This Friday, the stock for the first time on the U.S. Nasdaq stock market is trading.
OVERALL: 104 BILLION DOLLARS
The overall rating of
Facebook is around 104 billion dollars. By comparison, Google had sold in its IPO in 2004 shares for $ 1.7 billion and was on an overall $ 23 billion. Today there are over 200 billion dollars.
Zuckerberg himself has sold 30 million of its own shares and so well taken $ 1.1 billion. With the money he wants to pay overdue taxes. He has yet accounted for the equivalent of just over $ 19.1 billion and controls 57 percent of all voting rights. Thus, Zuckerberg also determine the future of the Skilled Facebook .
900 MILLION USERS
The IPO is the culmination of an unprecedented success story. Mark Zuckerberg had Facebook together with fellow students in 2004 as a year of digital book for students on their feet. In the first year moved the network to one million users. Meanwhile, there are over 900 million.
The high number of users
Facebook for the advertising industry is interesting and explains the high demand from investors. Facebook , however, is a bet on the future, because even the figures for the comparison with other groups from mau Last year, sales were 3.7 billion dollars of profit at $ 1 billion
.GM WILL NO LONGER
ADS TURN ON FACEBOOK
Last
were arisen doubt that the mega-billion bet rises. So General Motors wants to be one of the world’s biggest advertisers do not advertise for now more on Facebook because the user by would hardly be achieved. Moreover, more and more users Facebook on their mobile phones, where advertising is barely visible and fail to match the revenue .
However, the rush was
investors enormously. Facebook had been increased three times its initial public offering. First, should the revenue is only 5 billion dollars and thus are less than one-third of the current total. Together with the so-called over-allotment option – a sort of reserve shares of banks – could Facebook even up to 18.4 billion collect U.S. dollars.
ONLY VISA IPO WAS BIGGER
This would connect the company to Zuckerberg, the two largest IPOs in U.S. history: The credit card company Visa in 2008 was taken, including over-allotment $ 19.7 billion and the auto giant General Motors in 2010 after restart its $ 18.1 billion.
Worldwide
even greater were the only three IPOs of Chinese financial groups. Already there are concerns Facebook could dry up the market for equity offerings: because the investors their money only once spending and for other companies seeking the dance floor, all that remains less. / the / DP / fn