FB’s Amended S-1: 500M Mobile Users, Paid $300M Cash + 23M Shares For Instagram

http://techcrunch.com/2012/04/23/facebooks-amended-s-1-500-million-mobile-users-paid-300m-cash-23-million-shares-for-instagram/

by tilt • 14 years ago

18 8 14 years ago

techcrunch.com

rafikech• 14 years ago

a Lot of changes should be happening soon with Instagram.

rollypolly• 14 years ago

  "Our ability to acquire and integrate larger or more
  complex companies, products, or technologies in a
  successful manner is unproven"

That's very candid.

ajross2• 14 years ago

SEC filings tend, amusingly, to be very down on the company filing them. They're filled with lists of risks, to better fend off the inevitable shareholder lawsuits. But of course because "everybody knows" the SEC paperwork is fudged downwards, it gets treated just like marketing material (which everyone knows is fudged upwards) and ignored.

zwigby• 14 years ago

That puts a share of Facebook around $30 if you buy that those 23M are worth 700M.

balbeit• 14 years ago

FTA: Facebook "paid 23 million shares at $30.89 a share plus $300 million cash for Instagram for a total of $1,010,470,000."

bigdubs• 14 years ago

The math on the valuation of the shares is a little more complicated than 1000mm - 300mm / 24mm.

The rumor that I heard (need to substantiate somewhere) is that the options were priced at a Facebook valuation of around ~75bn. It's impossible to accurately price these options without knowing the total # of Facebook shares issued so far.

ajross2• 14 years ago

Shares come in different classes with different valuations in any case, there's no single number. Presumably zwigby is talking about the eventual market price of a post-IPO public share. But of course there's no requirement that these be issued 1:1 with the existing shares.

tzz• 14 years ago

I am just trying to understand how this works, where did the 23M shares come from? Did they have to allocate a new share, from reserved share or from some where else?

FB’s Amended S-1: 500M Mobile Users, Paid $300M Cash + 23M Shares For Instagram

Related Stories