#FACEBOOK STOCK MOVIE#

Everyone was guessing how high Facebook stock would go.įacebook shares hit the Nasdaq exchange on May 18, 2012, but the day was marred by a number of technical glitches. Two days before the IPO, Facebook said it would add 25% more shares to the IPO.

Facebook stock was to become a reality.ĭuring the company’s roadshow hawking its soon-to-be-public stock and potential Facebook stock price to would-be investors, Facebook’s valuation kept climbing. That prospectus said the network had 845 million monthly active users. On February 1, 2012, Facebook officially filed its S1 documents with the SEC. By that time, Facebook was already valued over $11 billion, with investments from Microsoft, Peter Thief, and Goldman Sachs - yet it still wasn’t public.įinally, after years of resistance, Facebook passed the 500 shareholder threshold, forcing it to go public.

#FACEBOOK STOCK MOVIE#

The Social Network, a 2010 movie by David Finches, would help cement Facebook’s place in modern culture. But it would still be another eight years before Facebook’s high-profile acquisition of Instagram and its initial public offering (IPO). Two months later, Zuckerberg, Dustin Moskovitz, and Eduardo Severin form the first LLC that would become today’s Facebook.įacebook was growing like crazy, and by December of that year reached one million users.

The first version of Facebook launched in February 2004 as a Harvard-only social network.