CHANGE MARKET : LOS ANGELES
Haute 100 Update: Facebook Valedictorian of 2012 IPO Class
Yesterday we reported of Zynga’s rocky start as a publicly traded company, but concluded that the growth potential is still there.
Today, the Wall Street Journal asserts that the most growth-intensive IPOs of the current wave might be yet to come. This phenomenon will expectantly come from companies that are already ultra profitable, as opposed to those who need growth capital from public investors.
And so, Facebook Inc.–headed by San Francisco Haute Lister Mark Zuckerberg– is expected to go public in the spring at a valuation of $100 billion or more, which would place it proudly amongst the most valuable companies in the world. Facebook’s IPO is expected to create over 1000 millionaires.
For more on the Haute 100 click here.
Dec 27, 2011 10:21 PM
Mark Zuckerberg will lead an all-night hackathon will be conducted by Facebook that will end when Zuckerberg rings the NASDAQ’s opening bell from Facebook’s Menlo Park campus.
Chief Executive of Facebook Mark Zuckerberg is receiving a lot of credit for the recent $1 billion purchase of Instagram, a favorite application amongst iPhone users.
We all know by now that Facebook founder Mark Zuckerberg is at the top of his game. He has succeeded in passing fellow tech gurus Larry Page and Sergey Brin – the founders of Google – on the Forbes list of America’s Richest, but now the 27-year-old has also topped Fortune’s “40 Under 40”...
Facebook CEO Mark Zuckerberg is a prolific Pinterest user.
Haute 100 member and Silicon Valley tech-genius Mark Zuckerberg put out a Facebook status and broke an almost three-year silence on Twitter to declare his stance against SOPA and PIPA bills and encourage his fellow techies to do the same.
Ever on the pathway to legend, Mark Zuckerberg continues to drive Facebook forward. The latest project for the social media stalwart is said to be a long-anticipated music service. Zuckerberg fanned the flames of speculation yesterday when he told reporters of plans to “launch something awesome”...
In 2004, Mark Zuckerberg dropped out of Harvard University to pursue his dream of starting Facebook, now a multi-billion dollar company that is a part of nearly everybody's day to day life. Perhaps that is why the young tech mogul went back to his former school to recruit for his company.
Creator of the Facebook phenomenon and Haute 100 lister Mark Zuckerberg married his college sweetheart Priscilla Chan in a surprise wedding on Saturday.
Facebook founder and CEO Mark Zuckerberg is rich, that is of no doubt, but the young tech billionaire – just after the details of his $100 million donation to Newark public schools were released – has now edged out Google founders Sergey Brin and Larry Page when it comes to net worth for the fir...
About a year ago, Facebook CEO Mark Zuckerberg kept his haters at bay with the announcement of an extremely generous $100 million gift to the Newark, NJ school system. Now the foundation that manages the donation has announced that the two-year program will also provide $10,000 grants directly to te...
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