Eight years after starting in a Harvard dorm room, Facebook has filed for its initial public offering. The company’s seeking to raise $5 billion in hopes of becoming one of the largest tech IPOs we’ve ever had the opportunity to witness. Investment bank Morgan Stanley will act as lead underwriter, with Goldman Sachs and J.P. Morgan and others to take secondary positions. There are some raw figures from the filing that are worth noting — 845 billion monthly active users that dish out 2.7 billion Likes and Comments per day. Beyond that, the company made $3.71 billion in 2011, mostly from advertising. Ad revenue rose dramatically from $764 million in 2009 to $3.154 billion in 2011.
Mark Zuckerberg must be proud but we’re certain his work isn’t done just yet and neither is Facebook’s. The man behind the social network has done some interesting things over the years but seems like all the hard work’s finally paid off. Details are trickling out but below we’ve got the visuals from the SEC filing, though if you want to see the several-hundred page document you can see that for yourself here. Shares are expected to be begin trading in May.
