What will Facebook do with all its cash?
Friday, May 18, 2012 - 10:31
in Mathematics & Economics
What's Facebook going to do with all that money? Depending on the price it sets for its shares, the company is on track to raise $6.1 billion to $6.8 billion in its initial public offering. Facebook's new wealth will be added to the $3.9 billion that's already in its coffers and will give the company one of the largest cash hoards of any nonbank public company.