{{Today Facebook is reported to be filing papers to sell its stock on the open market. The paperwork is to be turned in to the Securities and Exchange Commission today.}} <\/p>\n
This means investors may soon be able to own a small slice of the world’s largest online social network.<\/p>\n
Several reports said Facebook is expected to file documents with regulators for a $5 billion IPO or Initial Public Offering of stock.<\/p>\n
Facebook makes most of its money through advertising because it’s a privately held company and has not had to release its financial investments.<\/p>\n
That means there is no telling exactly how much its stock will be worth on the open market.<\/p>\n
The pre-IPO price for Facebook based on private trading markets is somewhere in the $80 billion to $100 billion range. <\/p>\n
Facebook will not have to open up about its finances until it actually starts trading. That usually does not happen until months after a company’s first IPO filing.<\/p>\n
There are over 153 million Facebook subscribers in the United States, 43.5million subscribers in India the largest outside USA and over 200,000 subscribers in Iceland. <\/p>\n","protected":false},"excerpt":{"rendered":"
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