Facebook crossed 1 Billion users and Counting...

The very popular social networking site Facebook has crossed 1 billion of active users and the counter is goes on increasing.

Founder and CEO of Facebook Mark Zuckerberg confirmed on the web site that popular and world’s biggest social network site has already crossed the 1 billion users on 14th September.  

Facebook 1 billion active users

If we believe in statistics, then every 7^th person in the world is actually active Facebook user. According to Facebook India, Brazil, Indonesia, Mexico and US are the biggest markets for Facebook. The California based Facebook, is actively used in almost 200 countries. 600 million user logs into the Facebook through their mobile devices daily.

Facebook which was founded in 2004, had crossed 50 Crore users mark in 6 years of time span. And now within the next 2 years it has crossed almost double the active users mark.

In an interview Mark Zuckerberg admitted “To help to connect 1 billion users each other is a great experience. Thank You for giving me and my little team the honor of serving you.” 

Facebook – Plans to raise $5 Billion through the IPO and Facebook hopes to go public in stock offering…

Facebook – Plans to raise $5 Billion through the IPO and Facebook hopes to go public in stock offering…

Facebook the most popular Internet Social Network filed for its Initial Public Offering (IPO) with the Securities And Exchange Commission (SEC) in Washington DC and according to the filling, Facebook plans to raise $5 billion through the IPO.

Facebook

Today, Facebook filed an S-1 form with SEC and declares its intention to go public. Google was the last major IPO tech that raised $1.9 billion in 2004. The CEO Mark Zuckerberg started the service at Harvard eight years ago and now finally the service is going in public offering that could value it at up to $100 billion.

Within three or four month’s or probably around the time Mark Zuckerberg celebrates his 28^th Birthday in May 2012, The Facebook will probably make a debut in stock market as one of the World’s most valuable companies. According to the document, Facebook has not shared its market value yet but it could be $100 billion. Also Facebook has not shared what percentage of its shares it plans to sell.

Highlights of Facebook IPO filling - 

• According to the filling, Facebook earned $668 million on revenue of $3.7 billion last year and both the figures nearly doubled from 2010.
• A Facebook visitor in U.S. spends an average of 7 hours per month on the website. In 2008 the ratio was 3 hours per month. (comScore Research).
• On any given day, more than half of the users logs on to the website. There are 845 Million active users on Facebook till date.
• 250 million Photos are posted alone in Facebook every day.
• For every dollar that “FarmVille” maker Zynga gets for virtual cows and crops, Facebook gets 30 cents.
• Facebook got about $3.2 billion in ads revenue, the 85% of it’s total.
• Zynga alone accounted for 12% of Facebook’s revenue in 2011. 
• Mark Zuckerberg’s compensation in 2011 was $1.49 Million. He holds stock with total voting power before IPO of 56.9% and his annual salary may fall to one $1 starting 01 Jan 2013. 
• Read more highlights here.

Mark Zuckerberg

Mark Zuckerberg wrote in his IPO fillling, “Facebook aspires to build the services that give people the power to share and help them once again transform many of our core institutions and industries…”