Facebook files for IPO← Back
Facebook files for IPO
Yesterday, Facebook filed papers to become a public company, revealing financial information that proved the social network's amazing growth. Morgan Stanley, J.P. Morgan, Goldman Sachs and three other financial firms are underwriting the deal, according to papers filed with the U.S. Securities and Exchange Commission. The IPO is the most anticipated public offering in a decade, with the company looking to bring in $5 billion in investment.What does this mean for Facebook Users? Industry analysts point to a few key areas where Facebook will seek to expand, through either in-house development or acquisitions. The changes could appear in what users are able to do on its site, and in how Facebook uses their data to make money.Visit ComputerWorld to read more about this story.