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SUBJECT:
Bloomberg news: Facebook Files to Raise $5B in Biggest Internet IPO
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ncallahan@rosemontseneca.com
DATE:
2012-02-02 02:40:04
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<006e01cce154$0047a6e0$00d6f4a0$@rosemontseneca.com>
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Arlene Busch
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darcher@rosemontseneca.com
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eschwerin@rosemontseneca.com
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Hunter Biden
<hbiden@rosemontseneca.com>
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John DeLoche
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Rob Walker
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Good quotes supporting our thesis on capital efficient entreprenuers needing smaller checks to scale their business: "The company made at least 10 acquisitions in 2011, including group-messaging service Beluga in March. In addition to buying startups, Facebook has enabled hundreds of others to get off the ground by offering an easy, cheap and fast way for them to reach millions of potential customers, said Shervin Pishevar, a managing director at Menlo Ventures in Menlo Park <http://topics.bloomberg.com/menlo-park/> , California <http://topics.bloomberg.com/california/> . "There will be a lot of $1 billion-plus companies built on these platforms," said Pishevar, who owns Facebook shares." Facebook Inc., the social-networking website that in eight years changed the way the world communicates, filed to raise $5 billion in the largest Internet initial public offering on record. http://bloom.bg/wlZQoo
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