Facebook Will Have The Biggest Tech IPO Ever, Raising $16 Billion With $38 Share Price

Facebook shares will start trading at $38 tomorrow, the company confirmed in a release, giving it a valuation of $104.12 billion.�Facebook and its early shareholders will raise just over $16 billion in tomorrow's much anticipated IPO. At a $104 billion valuation, Facebook is worth more than any other tech IPO candidate at the time of its offering. �It also�perfectly matches what Facebook shares have been trading at in secondary markets over the last several months.�Google was worth $23 billion at the time of its very unusual Dutch auction IPO back in 2004. As of tomorrow Facebook will be worth about half of what Google is worth now.

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