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Facebook Goes Public On May 18!

Filed under: Business BlitzFacebook

Facebook goes public

It was only a matter of time, folks! Starting May 18, you can get your hands on some Facebook stock when the company finally goes public to become the largest IPO in internet history.

To celebrate raise more money from investors and prepare for the stock market launch, the social network is going on a nine day IPO roadshow beginning May 7. The tour will stop in New York City, San Francisco, Boston, Chicago, Baltimore and potentially Los Angeles to pitch to investors in hopes of raising up to $10 billion!

While CEO Mark Zuckerberg will make a few appearances along the way, COO Sheryl Sandberg and CFO David Ebersman will be the main stars of the show.

Are U going to buy yourself a piece of the internet's most popular website?

[Image via WENN.]

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Mark Zuckerberg Could Be Hit With $2 BILLION Tax Bill!

Filed under: Business BlitzFacebook

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TWO BILLION DOLLARS IN TAXES?!?!?! WTF?!

When Facebook goes public, Mark Zuckerberg will be a billionaire, hands down.

But due to the fact that stock options are heavily taxed, the government will come down on Zuckerberg HARD!

Accountants state that

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It's Official! Facebook Files For IPO!!!!!

Filed under: Tech TalkBusiness BlitzFacebook

facebook files for ipo

We had heard it was gonna happen this week, and sure enough it did!

Today, on the eighth anniversary of its existence, Facebook finally filed its long anticipated IPO with the Securities and Exchange Commission, which revealed that they have over 800 million users…and they're worth almost $4 billion!!!!!!!!

Here are some more facts and figures that came from their filing:

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Michael Kors Is Going Public

Filed under: Business BlitzMichael Kors

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The stock market is about to get more fashionable!

American designer and Project Runway judge Michael Kors is looking to conquer the New York Stock Exchange by going public.

The company's initial public offering will be around 48 million shares at $17-$19 per share under the KORS ticker.

Would U buy Michael Kors stock???

[Image via Jeff Grossman/WENN.]

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Facebook May Become A Publicly Traded Company VERY Soon

Filed under: Tech TalkFacebook

Ready to invest in Facebook?

Want some stock in Facebook?

With a valuation of $100 billion, insiders say the world's most famous social network may be going public as soon as the first quarter of next year.

Facebook COO Sheryl Sandberg said last month that a Facebook IPO (initial public offering) was "inevitable", although the company has not confirmed or denied her statement.

The company is approaching 500 investors, but once it crosses that barrier Facebook will have to report quarterly financial data in order to comply with the Securities and Exchange Commission. Sources are saying that the management is thinking the company might as well become publicly traded at that point.

The IPO may benefit employees too. Instead of raises in salary, employees being rewarded for their hard work may soon be receiving stock in the company whose growth doesn't show any signs of slowing down anytime soon!

If Facebook goes public, will you be investing in any stock?

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