Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion.
The IPO was one of the largest in history, bringing in $16 billion for the company that was founded in a Harvard dorm room eight years ago.
It was born in a Harvard dorm, spreading like wildfire through colleges across the country. Now, after its I.P.O., Facebook is worth $104 billion.
This past week, Facebook made its first move toward becoming a public company. The ‘FB’ stock could begin trading in May, and some are wondering if they should get in on the action.
Facebook has announced plans to go public — and the company is hoping to raise five billion dollars in its initial offering of stock a few months from now.
“Facebook,” the social networking web site, may be filing its long-awaited initial public offering (“IPO”) later this week. But it will probably be months before the company will be offering any stock.
Chris recounts his experience judging a hoagie contest, he talks to Steve Cordasco about the Greek Bailout and Jon Corzine resigning from MF Global, and Beasley Reece on Monday Night’s showdown between the Eagles and Bears.