These numbers are extremely impressive. What's even more impressive is this company was founded by Harvard University student Mark Zuckerberg a mere seven years ago in his dorm room. The fact this company has grown to a potential valuation of more than $100 billion in seven short years is more than impressive, especially given the fact they have grown during a major economic recession. To top all of this, Facebook is expected to make an offering of approximately $10 billion. According to the article, this will place them in company with only three other United States issuers of more than $10 billion in size including Visa, General Motors, and AT&T.
This is an IPO that is sure to have a significant impact on the United States economy. Facebook has already had a major economic impact on not only the United States economy, but on the international economy. Marketing and communications have forever been changed in huge proportions due, in large part, to the innovation of Facebook, Inc. I ask myself...has there ever been a company, a web company to be exact, that has created this kind of economic impact?