Facebook's Initial Public Offering is happening in just two and a half weeks time, according to a Wall Street journal report on Tuesday. According to the usual anonymous sources who are familiar with the matter, the Journal says Facebook will begin its IPO roadshow on Monday May 7.
That's when companies traditionally make rounds of mutual funds, large banks and other major investors looking for multi million dollar stakes. The name of the IPO roadshow game is to explain why the stock will be such a good buy.
Facebook CEO and founder Mark Zuckerberg will only be present for some of the roadshows, say the sources; COO Sheryl Sandberg will handle the rest, along with CFO David Ebersman.
After the roadshow, it will set for Friday May 18, where the IPO should shift $10 billion worth of Facebook stock leaving the social network with an overall valuation of $100 billion. Zuckerberg is poised to be one of the world's richest man after that.
Kevin Systrom will definitely be watching the IPO closely. Much of the $1 billion deal for Instagram was for Facebook stock, and we're guessing he's going to make more than $400 million from the deal. Instant billionaire.
Data recovery is not much difficult nowadays because there are lots of free and paid software’s are available in the market there are only few data recovery software’s which provides immediate response and secure recovery.
Easeus Data Recovery Software is also one of the authentic and approved software which help users to immediate get back to all required data in original form. Read more
There are some gadgets and gizmos out on the market today that we could live a thousand years without and not know any different, even if we had given them a try before. On the other hand, there are some things that once you have tried will leave you wondering how you ever got this far without them. Read more
With the advent and rapid expansion of internet and technology, teens all around the globe now have the access to explore the world just with one click. It has become possible for them to reach out to any person in the world or gain access to any topic of their choice. Read more