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The Lowdown – The Facebook IPO; 46M Monthly Active Users From India In Dec 2011

After all the rumours, Facebook has finally filed for its IPO with the US Securities and Exchange Commission, and intends to raise $5 billion. It has not revealed a starting price yet. Morgan Stanley, JP Morgan, Goldan Sachs, BofAMerrill Lynch Barclays Capital, Allen and company have been appointed the underwriters. The company's stock symbol would be 'FB'. Notes from the S-1 filing: - Revenue:  Facebook's revenue in the year 2011 was $3.711 billion, an increase over 2010's revenue of  $1.974 billion in 2010 and $0.777 billion in 2009. The company clocked net income of $1 billion in 2011, $606 million in 2010 and 229 million in 2009. - Shareholding: Mark Zuckerberg is the largest shareholder in Facebook with a 28.2% stake in the company. 30.6% shares are listed as subject to voting proxy and Zuckerberg exercises voting control over these shares, which give the ultimate control in his hand. Accel's James W. Breyer owns 11.4% of the company. Facebook co-founder Dustin Moskovitz owns 7.6% of the company, followed by DST which owns 5.4%. Peter A Thiel, another investor, owns 2.5%. - Monthly and daily active users: According to the S1, Facebook has 845 million monthly active users as of December 31, 2011, an increase of 39% as compared to 608 million Monthly Active Users (MAU) as of December 31, 2010. It had 483 million daily active users (DAUs) on average in December 2011, an increase of 48% as compared to 327 million DAUs in December 2010. More than 425 million MAUs who used Facebook mobile products…

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