Some interesting tidbits about Facebook’s IPO
Earlier Facebook officially filed for their Initial Public Offering (IPO). In the filing statement, there is a lot of good details and interesting information I have come across so far. At a high level, I touched base on some factoids when I found out about the IPO, but after that I decided to dig deep into this very long and brutally detailed filing.
The copy of the statement can be found on the SEC website, which keeps going down periodically due to overwhelming interest in today’s Facebook news. I copied it all here, just in case you can’t open the SEC site. If you come across any more cool facts, post them in the comments below. Thanks.
- Facebook now has 845 million users. Of those, 483 million are daily active users.
- Public offering price is $5,000,000,000.
- The stock symbol will be “FB”.
- 425 million monthly users login to Facebook mobile.
- There are more than 100 billion friend connections on Facebook .
- Users generated an average of 2.7 billion Likes and Comments per day during the three months ended December 31, 2011.
- User base is growing across all geographies, including relatively less-penetrated, large markets such as Brazil, Germany, India, Japan, Russia, and South Korea.
- [Mark Zuckerberg] CEO has control over key decision making as a result of his control of a majority of our voting stock.
- Facebook phone number (650) 308-7300, which if you call, will give you info of the FB IPO.
- 2011 revenue was $3.7 billion.
- 98% of revenue in 2011 was generated from third-party advertising.
- Facebook has more than $3 billion in cash.
- Facebook currently doesn’t have a plan on how to generate revenue via mobile user/devices.
- Aside from website advertising, apps built by developers of social games, particularly Zynga, are currently responsible for substantially all of our revenue derived from Payments.
- In 2011, Zynga accounted for 12% of Facebook’s revenue. No customer represented 10% or more of total revenue during the years ended December 31, 2009 or 2010. If the relationship between Facebook and Zynga fell apart, a huge chunk of revenue would be lost.
- Facebook views Google, Microsoft, and Twitter as direct competition (including Google+). Other competition internationally is Cyworld in Korea, Mixi in Japan, Orkut (owned by Google) in Brazil and India, vKontakte in Russia, Renren, Sina, and Tencent in China.
- 3,200 people are employed by Facebook as of December 31, 2011
- Facebook’s goal is to connect all two billion global Internet users.
- Mark Zuckerberg base salary in 2011 was $500,000. As of January 1, 2013, his salary will be voluntarily reduced to $1.00.
- Sheryl K. Sandberg, COO of Facebook base salary is $300,000.