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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

About Shelly Palmer

Named one of LinkedIn’s Top 10 Voices in Technology, Shelly Palmer is President & CEO of Palmer Advanced Media, a strategic advisory and business development practice focused at the nexus of technology, media and marketing with a special emphasis on data science and data-driven decision making. He is Fox 5 New York's on-air tech and digital media expert and a regular commentator on CNBC and CNN. Follow @shellypalmer or visit shellypalmer.com or subscribe to our daily email http://ow.ly/WsHcb

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"Facebook Files $5 Billion IPO" by @ShellyPalmer

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