Sunday, February 5, 2012

Facebook IPO: Who's going to make money?



It's almost exactly eight years since then-Harvard student Mark Zuckerberg launched "The Facebook" from his dorm room. Now, Facebook's filing for its IPO with the U.S. Securities and Exchange Commission reveals that Zuckerberg - still only 27 years old - still owns a just over a 28% stake in Facebook. At the expected $100billion valuation, that means he'll be worth over $28billion - which is handy, as he's also pledged to only take a salary of $1 a year in future.
 
 
Mark Zuckerberg
 Source: msn.com

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