Facebook filed its initial public offering for $5 billion. What makes the company worth so much money? In 2011, Facebook reported having over 845 million active users and raked in revenue of over $3.7 billion. 85% of Facebook’s earnings came from advertisements. Read the full article at TheNextWeb.com
Facebook Files $5 Billion IPO
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).