How the $16bn Facebook IPO looks like in cash (Image)

Mark insisted on paying in cash… (Image Hack: demonocracy.info)


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Facebook are on the verge of making history. Their IPO will see them raise at least $16 billion and value the company at over $100 billion.

The Economic Times reports:

Facebook’s initial public offering of stock is shaping up to be one of the largest ever. The world’s definitive online social network is raising at least $16 billion, a big windfall for a company that began eight years ago with no way to make money.

Facebook priced its IPO at $38 per share on Thursday, at the high end of its expected range. If extra shares reserved to cover additional demand are sold as part of the transaction, Facebook Inc. and its early investors stand to reap as much as $18.4 billion from the IPO.

The IPO values the company at around $104 billion, slightly more than Amazon.com, and well above well-known corporations such as Disney and Kraft.

Those are some really unfathomable numbers! To put the figures into some perspective, imagine a pallet stacked full of fresh $100 notes:

+ 100 million dollars ($100,000.000) = 1 pallet (approx shoulder height)
+ 1 billion dollars ($1,000,000,000) = 10 pallets
+ 2 billion dollars ($2,000,000,000) = 20 pallets (1 truck)
+ 16 billion dollars ($16,000,000,000) = 160 pallets (8 trucks – 1 x image above)
+ 100 billion dollars ($100,000,000,000) = 1,000 pallets (50 trucks – 6.25 x image above)
+ 104 billion dollars ($104,000,000,000) = 1,040 pallets (52 trucks – 6.50 x image above)

Whatever you think about Facebook, Zuckerberg, the bubble, this IPO represents a truly impressive story and no one can be certain what direction the share price will head on float day.

Image credit: Demonocracy.Info (Truck Image)

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