Tag Archives: Mark Zuckerberg
Facebook friends the NASDAQ
Before a raucous crowd at its campus in Menlo Park, Calif., Facebook CEO Mark Zuckerberg rang the NASDAQ opening bell, marking the social network’s debut on Wall Street.
Flanked by chief operating officer Sheryl Sandberg and other employees, Zuckerberg sported a wide smile as his company officially starts trading shares on the NASDAQ for the first time.
Trading under the symbol “FB,” shares will be available at $38 a pop, potentially valuing the company at $16 billion.
Eduardo Saverin used the social network he helped found to congratulate Mark Zuckerberg on Facebook’s IPO.
“Congrats to everyone involved in the project from day one till today, and I especially wanted to congratulate Mark Zuckerberg on keeping tremendous stead-fast focus, however hard that was, on making the world a more open and connected place,” Saverin writes in a Facebook post (hat tip to the Los Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/QMi6jJOIuVs/1
How you help FB make billions
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It all began in a Harvard dorm room in 2004. Mark Zuckerberg and fellow students Dustin Moskovitz, Chris Hughes and Eduardo Saverin start what then was known as Thefacebook. The social-networking site spreads to other Ivy League universities the next month.
Article source: http://rss.cnn.com/~r/rss/edition_technology/~3/eJPMEtUWkHU/index.html
A look back at Mark Zuckerberg in 2006
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Article source: http://rss.cnn.com/~r/rss/edition_technology/~3/VztV8swt3A0/
Report: Facebook to halt IPO orders tomorrow
Facebook is expected to stop taking investor orders on its initial public offering when the markets close on Tuesday, reports Bloomberg.
The social network is offering shares worth $28 to $35 apiece, and seeking a market value of $96 billion, says the report.
Facebook is widely expected to go public this week. On Friday, Reuters reported the company did not have enough shares to meet investor demand.
Not a bad way for founder Mark Zuckerberg to celebrate his 28th birthday today.
Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/vovlZTZQWW0/1
Mark Zuckerberg turns 28, IPO could be $100B gift
Facebook’s chief executive turned 28 on Monday, setting in motion the social network’s biggest week ever. The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday. The IPO could value Facebook at nearly $100 billion, making it worth more than such iconic companies as Disney, Ford and Kraft Foods.
At 28, Zuckerberg is exactly half the age of the average SP 500 CEO, according to executive search firm Spencer Stuart. With eight years on the job, he’s logged more time as leader than the average CEO, whose tenure is a little more than seven years, according to Spencer Stuart.
Even so, the pressures of running a public company will undoubtedly take some getting used to. Once Facebook begins selling stock, Zuckerberg
Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/PvPi7abso-E/1
