Facebook Goes Down After Filing Largest IPO in Tech Company History [VIDEO]
While it’s unclear exactly how much social media giant Facebook is worth — some have placed the value of the company between $75 – $100 billion — founder Mark Zuckerberg stands to become very, very rich now that the company filed for IPO on Wednesday. And on Thursday, the site went down for the first time in a while.
As a result of the stock offering, Zuckerberg could become worth a staggering $28.4 billion, making him the ninth richest person in the world. The initial public offering itself could rake in as much as $5 billion once Facebook begins trading stock this spring. Suddenly, our FarmVille crops seem pretty small.
Watch a creative video detailing Facebook’s IPO news done in the style of ‘The Social Network’ below.
Created By: MBA Online
[via MBA Online]
Updated: Facebook is now back.