The big day is nearly hear. For years people have been talking about Facebook’s IPO. The Wall Street Journal reported this week that the company could file papers as early as this Wednesday. As soon as the S-1 is filed expect to see news stories popping up all over the internet laying out the juicy details.
2012 is going to make a lot of new millionaires and a handful of new billionaires. At a $100 billion valuation anyone holding at least 0.10% of the company will be a millionaire and anyone with 1.00% or more will become a billionaire.
At a $100 billion valuation, Mark Zuckerburg would be worth a cool $24 billion. Continue Reading »