Social Media, Facebook Ipo | featured news

Facebook will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook's, pegged at $5 billion. The New York Times and CNBC cited anonymous sources on the potential listing.

Facebook will pay a fee of just 1.1 percent to underwriters of its initial public offering, a source with knowledge of the company's plans said on Monday.

Facebook Inc. is already trading like a public company as insiders and wealthy investors use private marketplaces to buy and sell stock in the social- networking company ahead of its initial offering.

Without the free content created by its 850 million users, Facebook would surely not be on the verge of a multibillion-dollar initial public offering.

For all the huge numbers in Facebook's IPO papers, a surprisingly small figure stands out: $4.39, the amount the site generated per user last year....

Facebook has filed papers for what's expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history. Ending months of breathless speculation, the 8-year-old social networking company has submitted registration documents with the U.S. Securities and Exchange Commission that set preliminary goal of $5 billion. Facebook had discussed raising as much as $10 billion. Final pricing will not be set for months, and the size of the IPO probably will increase with investor demand. The filing sets the stage for an IPO in May.

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday. The highly anticipated IPO will value the world's largest social networking site at between $75 billion and $100 billion, CNBC said, citing The Wall Street Journal as the source.

The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion and mint at least a thousand new millionaires.

Most everyone in Silicon Valley and on Wall Street agrees: The eventual IPO of social-networking site Facebook could make its founder the world's richest 25-year-old. Yet CEO Mark Zuckerberg seems intent on deferring that multibillion dollar payday.