Plans public offering alias initial public offering (IPO) of social networking giant Facebook Inc.. will generate about 1,000 new millionaires. These millionaires are the employees who will have stock through Employee Stock Ownership Program (ESOP).
IPO companies founded by Mark Zuckerberg is expected to be implemented in May 2012. Target funds are not half-hearted, about U.S. $ 10 billion.
IPO is expected to be among the largest technology companies in the history of Wall Street, Zuckerberg also make the top ten richest people in the world.
the employees had been preparing for a vacation plans mostly do not make sense. One is to try a trip to outer space.
In fact, they may not be able to scoop up that much money, especially in the midst of unfavorable market conditions like today. It could be trimmed or even target their funds pending IPO.
Not to mention, the shares will be acquired by the employee must be retained for at least six months, before it can be sold and liquidated. This was contained in documents submitted Facebook IPO with the Securities and Exchange Commission (SEC) United States (U.S.) last week.
“There has been discussion about the idea of employees that is collected about the things they want and they can get it later,” said one Facebook employee who had worked since 2005, shortly after the company was founded.
In fact, men who do not want to be named was already booked tickets for a trip into space valued at U.S. $ 200 thousand of Virgin Galactic, a company that develops space travel. He predicts will be able to receive Facebook shares worth U.S. $ 50 million after the IPO.
“If the IPO happens, the money will inevitably flow into. It’s been a dream since childhood,” he said when asked about space travel.
Several other employees choose to travel normally, such as foreign travel and exotic places around the world.
As is known, had handed over documents purposes Facebook IPO last Wednesday. Top of the corporate action, the company expected to reap U.S. $ 10 billion fund.
The value of a company founded by Mark Zuckerberg and his friends are probably around $ 75-100 billion.
Facebook reportedly has selected Morgan Stanley to be the main underwriter alias lead underwriter to sell shares of the corporate action. Goldman Sachs is also expected to have an important role in this IPO.
Target funds of more than U.S. $ 10 billion, making it the largest IPO to fund revenue this year.
