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BREAKING: Facebook IPO!

Facebook IPO filed on S-1 Form. Facebook will trade under the symbol FB. The IPO is for $ 5 billion for company value $75-$100 billion. Lead bookrunner is Morgan Stanley, supported by Goldman Sachs, Bank of America, Barclays Capital, and Allen & Company. Details: Facebook’s revenue 2011 is $ 3.71 billion, net income $ 1 billion, gross margin 47%, cash at hand $ 3.7 billion. Mark Zuckerberg’s salary was $ 500,000 and total compensation $ 1,500,000. COO Sheryl Sandberg and CFO David Ebersman each pulled down $300,000 in base salary, but $30.8 million and $18.7 million, respectively, in total comp.

Read more at Dan Primack’s blog at Fortune

Filed under Allen & Company David Ebersman Goldman Sachs IPO Mark Zuckerberg Morgan Stanley S-1 Sheryl Sandberg business economy facebook social network technology Barclays Capital bank of america