Facebook For Sale: IPO Price Set, Goes Public Friday
Get ready. Get set… Shares of Facebook are available for purchase as a publicly traded company, as of Friday morning.
FOX News Radio’s Jessica Rosenthal tells us how much each share will set you back:
This is going to be a huge company, based on the IPO. The market capitalization of this company is going to be $100 billion. And yet, their earning potential going forward, they’ve already said, they are at a disadvantage.
They haven’t figured out just yet how they’re going to make money off of the fact that half of their 900 million users now use their product on a mobile device. And they don’t make the same kind of money off a mobile device as they do off of your interfacing with them on your personal computer.