February 2, 2012
With Facebook's announcement Wednesday that it will become a publicly traded company, lots of folks were talking about it.
On Facebook.
The company filed Wednesday to raise $5 billion in an initial public offering. Most analysts predict that Facebook's valuation will ultimately fall somewhere between $85 billion and $100 billion.
Those staggering numbers had Facebook users -- those whose privacy settings defaulted to public -- largely pondering one major school of thought: "Wow, that's a lot of money."
Facebook the big-dollar opening says a lot of careers in the tech industry.
Facebook's IPO expected to create between 500 and 1,000 millionaires among employees. Soo the answer is: Software Engineer.
The Facebook IPO is expected to créate a flood of investors.
Facebook earned $1 billion last year on sales of $3.7 billion. The site said it now has more than 845 million daily active users.
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