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Facebook confirms plans to go public in deal that could value firm at up to $100bn, and Mark Zuckerberg’s stake at $28bnEight years after Mark Zuckerberg launched Facebook from his Harvard dorm room, the 27-year-old on Wednesday announced he is selling shares in the social network at a price that values his creation at up to $100bn – and values his stake in the business at $28bn. Facebook’s initial public offering (IPO) will be the biggest technology IPO since Google’s in 2004.
published date:Wed, 01 Feb 2012 22:44:00 GMT