10 Billionaires Of The Facebook IPO

Facebook made a lot of people millionaires but it made 10 people billionaires.

Five of the 10 people which FaceBook made Billionaires

The names of some of these billionaires include Dustin Moskovitz, Alisher Usmanov, Chris Hughes, Sheryl Sandberg.

Using that price, Bloomberg calculated the net worth of Facebook's richest employees and investors. They're now worth ten or eleven figures.

read more about the five above and the remaining five and their assets: Business Insider

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Zynga dips below IPO price

[ via Reuters ] 16 Dec

Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its over-reliance on Facebook, dimming growth prospects, and outsized control by CEO Mark Pincus.

Zynga's stock fell 5 percent below its $10 initial public offering price to close at $9.50 on Nasdaq on Friday, dealing losses to IPO buyers used to racking up gains on a stock's first day of trading.

Friday's flop stunned investors who had expected a strong showing because the company is profitable, unlike other recent high profile Internet IPOs such as Groupon and Pandora.

Read full story for details.

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Facebook Will IPO as Early as April 2012

Full Story: Mashable 29 Nov

Facebook will make its long-anticipated move to go public between April and June 2012, according to a report from The Wall Street Journal on Monday.

If realized, the valuation would make Facebook’s IPO one of the largest in history — more than four times as big as Google’s $23 billion IPO in 2004, and likely one of the 10 largest IPOs of all time.

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