Facebook finally did today what everyone expected: It filed for an IPO.
In the paperwork submitted to the Securities and Exchange Commission, Facebook said it expects to raise $5 billion from the public sale of its stock. That’s based on the registration fee it paid. The New York Times says it could end up raising much more.
Facebook reported in its S-1 filing that it earned $1 billion on revenue of $3.7 billion, most of it coming from advertising. It reported having 845 million monthly active users as of the end of the year, a 39 percent increase over the year before. In the U.S., Facebook saw a 16 percent bump over 2010, ending last year with 161 million monthly average users, or about half the country’s total population. Read more…
“But what if the incivility is coming directly from the head of the organization/”
— Ihmurria on Why You Need to Install Civility as a Workplace Business Process, 18 hours ago
“Great message, David. Albert Einstein apparently agreed with you as he said, "If people are good only because they fear . . . ”
— Snow White on Motivating Workers: You Can Learn a Lot From 18th Century Sailors, 1 day ago
“The Superbowl is just a few days away, and I just picked out the boxes in my annual office pool. . . . ”
— Cord Himelstein on Super Bowl Hangover? Yes, Employees May Be Less Productive on Monday, 1 day ago
“It's not just after the SuperBowl. I've been saying this for years: People are less communicative on Mondays. They can . . . ”
— Maureen Sharib on Super Bowl Hangover? Yes, Employees May Be Less Productive on Monday, 1 day ago
“Why do we keep thinking generational differences. Tell me what person would not like to be managed the way Eric . . . ”
— Mel Kleiman on Managing Millennials: 3 Keys to Engagement – and 3 Common Mistakes, 1 day ago