What was Facebook worth in 2012?
The technology company Facebook, Inc. held its initial public offering (IPO) on Friday, May 18, 2012. The IPO was the biggest in technology and one of the biggest in Internet history, with a peak market capitalization of over $104 billion.
What was Facebook’s market cap when it went public?
That is even worse than the percentage performance from its first year as a public company, a 31.3% decline, and much worse from a valuation perspective: While Facebook was worth $104 billion at IPO time, the decline of the past year has cost it $346.6 billion in market cap.
What was Apple’s market cap in 2012?
$499.69 B
End of year Market Cap
| Year | Market cap | Change |
|---|---|---|
| 2013 | $500.74 B | 0.21% |
| 2012 | $499.69 B | 32.36% |
| 2011 | $377.51 B | 27.07% |
| 2010 | $297.09 B | 55.56% |
What is Facebook valued at 2022?
Facebook’s net worth as of 2022, is $538 Billion. Facebook is one of the biggest and most successful social media platforms today.
Why did Facebook go public in 2012?
So why now? The key reason Facebook is going public is because of an antiquated Securities and Exchange Commission rule from 1964 that says that any private company with more than 500 “shareholders of record” must adhere to the same financial disclosure requirements that public companies do.
What was Facebook worth in 2008?
$15 billion
Tracking Facebook’s Valuation
| DATE | VALUATION |
|---|---|
| March 2008 | $15 billion |
| November 2007 | |
| October 2007 | $15 billion |
| September 2006 | $900 million |
When Facebook went public in May of 2012 what was its starting valuation?
The company was founded in 2004 and went public via IPO on May 18, 2012, with a share price of $38. The price dropped to under $18 a share early on before rising to where it is today, with a market cap of around half a trillion dollars.
How many employees did Facebook have 2012?
This will come at the sacrifice of profits, as the company doubles down on revenue earning products like graph search, Gifts and others. These products, he says, could eventually be the pillars of Facebook’s business. In 2012 alone, Facebook added 1,419 employees to reach a total staff of 4,619 staffers worldwide.
What was the most valuable company in 2012?
Apple
Our annual ranking of America’s largest corporations
| Rank ▾ | Company | 3/29/2012 ($ millions) |
|---|---|---|
| 1 | Apple | 568,615.1 |
| 2 | Exxon Mobil | 405,714.1 |
| 3 | Microsoft | 269,511.6 |
| 4 | International Business Machines | 241,314.5 |
How do I find historical market cap?
The market cap of a given company is generally easy to find, though you can also calculate it yourself. Calculating market cap is simple: Multiply the number of outstanding shares times the share price. So a company with 10 million shares trading at $50 is worth 10 million times 50, or $500 million.
What was Facebook worth in 2010?
August 2010: Shareholder trading values Facebook at more than $33 billion. November 15, 2010: Facebook’s worth pegged at $41 billion. November 19, 2010: Facebook shares sold at a $34 billion valuation. November 22, 2010: Investors sell portion of stake in Facebook at a price valuing Facebook at $35 billion.
How much money did Mark Zuckerberg lose?
$29 billion
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon’s blockbuster earnings.
Why did the Facebook IPO fail?
Too many. In part, say stock market experts, the fault was because Facebook had too many shares to sell. This was supposed to be the hottest IPO in a generation, frustration was mounting as investors worldwide clamored for shares, the sale was 25 times oversubscribed in Asia.
What was Facebook worth 2010?
What was Facebook worth in 2009?
$10 billion
Tracking Facebook’s Valuation
| DATE | VALUATION |
|---|---|
| June 2010 | $23 billion |
| May 2009 | $10 billion |
| January 2008 | |
| March 2008 | $15 billion |
How much revenue did Facebook raise with its initial public offering IPO in 2012?
$16 billion
Facebook, the world’s largest social network, holds its initial public offering (IPO) and raises $16 billion.
How many years was Facebook unprofitable?
It took five years for Facebook to make a dime. Five years. I found that intriguing, because in the Broadway world, a five year payout would be celebrated, but still slow. Our monster hits pay back in about 9 months to a year now (it used to be a sell out could recoup in about six months, thank you rising costs).