Facebook Files For $5 Billion IPO

The wait is over: Facebook has just filed for its IPO. Facebook is looking to raise $5 billion??and will mint hundreds (perhaps even thousands) of employees as millionaires in the process. You can find its S-1 embedded below, or right here. Rumors of Facebook's public offering have been swirling for years,?and have long been routinely sidestepped by CEO Mark Zuckerberg and COO Sheryl Sandberg. The company has openly acknowledged that an IPO was indeed inevitable, but has avoided giving any sense of timing ? "When we're ready" has become a familiar mantra from Facebook executives.

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