Everything You Need To Know About Facebook IPO
by The Frager factor on Feb.01, 2012, under News
The Frager factor: Created to serve a “social mission,” not to make a profit, Facebook looks to raise $5 billion from its offering, while investment banks may generate as much as $500 million in fees. According to Danny Sullivan, “Facebook cites mobile use growing more as a risk, since it doesn’t serve mobile ads. In contrast, Google sees mobile as new…