Social networking site Facebook will go public on the Nasdaq on Friday, ringing in what is being tipped as the largest ever initial public (IPO) offering by a technology company. The final offer price is speculated at between $34 and $38, which means that the Menlo Park, California-headquartered company could end up raising nearly $16 billion.
The imminent IPO spells massive returns for venture capital investors such as Accel Partners, Greylock Partners, Elevation Partners, serial entrepreneur Mark Adreessen and his firm Adreessen Horowitz and, Kleiner Perkins Caulfield and Byers, who invested in the company across multiple stages.
Ahead of the IPO, catch up on what’s been written around the most exciting technology IPO out of Silicon Valley since Google in 2004, via Themeefy’s magazine on the listing. Check it out here.
What’s Themeefy? It’s a personal publishing Web 2.0 tool developed by Pune-based startup Sievelogic Software Technologies. The company was bootstrapped in April 2010 by former Symantec executive Titash Neogi. It has also developed Bibkosh, a knowledge networking platform that allows users to connect with people on the basis of ‘what they know’ as opposed to ‘who you know’.
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