5B present News The Tribune Democrat Facebook made a much imagined status update wednesday:The online marketplace social network is going public eight years after its computer hacking ceo mark zuckerberg started the service at harvard university. That means anyone with the correct quantity of cash will be able to own part of a silicon valley icon that Beads With Stones quickly transformed from dorm room startup to cultural touchstone. If its initial public extending of stock makes enough friends on wall street, facebook most certainly make its stock market debut in three or four months as one of the world most valuable companies. In its regulatory filing with the sec and exchange commission, twitter inc.Necessary it hopes to raise $5 billion in its ipo.That might be the most for an internet ipo since google inc.And early backers raised $1.9 million in 2004.The final amount will probably change as facebook bankers gauge the investor demand. Joining corporate america elite hands facebook newfound financial clout as it tries to make its service even more pervasive and expand its audience.It also could help facebook fend off an modern challenge from google, which is looking to solidify its status as the web most powerful company with a rival social network called plus. The intrigue surrounding facebook ipo has increased lately, not only because the company has become a common conduit everyone from doting grandmas to sassy teenagers to share regarding their lives. Zuckerberg, 27, has emerged as the latest in a lineage of silicon valley prodigies who are alternatively hailed for pushing the world in new directions and reviled for overstepping their bounds.In zuckerberg legal proceeding, a lawsuit alleging that he stole the idea for facebook from some harvard friends became the grist for a book and a movie that was nominated for an academy award last year. Little one the ipo was filed, zuckerberg was shaping up as his release bill gates a geek who parlayed his love of computers into fame and fortune. Depending regulators take to review facebook ipo documents, the company could be making its stock market debut at about the time that zuckerberg celebrates his next birthday in may. The ipo filing casts a spotlight on some of facebook inner workings initially.Amongst other things, the documents reveal the quantity facebook revenue, its major investors, its growth purchases and its concerns about its biggest competitive threats. More in there, still, is facebook rate.That figure could hit $100 billion dollars, based on http://www.ukrailsim.co.uk/ facebook rapid growth and the appraisals that steered investors who bought stakes while private information was still private. Facebook heads a class of internet startups that have been going public in the past year. Early crop has included internet radio service pandora media inc, experienced networking service linkedin corp.And daily deals program groupon inc.Most of those internet ipos haven lived up to their lofty hopes.The list of disillusionment includes zynga inc, which has built a profitable business by creating a plethora of games to play on facebook.Zynga stock fell 5 percent below its ipo price on day one of trading. Facebook is distinguishable, regardless that.As it swiftly expands, people from silicon valley to brazil to india use it to maintain news from friends and long lost acquaintances, play mindless games tending virtual cities and farms and share big news or minute just their days.People in politics, celebrities and businesses use facebook to connect with fans and men and women. It becoming harder to tell whether going to facebook is a pastime or an addiction. More than half of facebook users log onto the site on any given day.Using software developed by outside parties call it the facebook economy they share shows they are watching, songs they are playing and photos of what they're wearing or eating.Hub pages says 250 million photos alone are posted on its site each day. To generate income, facebook sells the promise of highly targeted advertisements based on the text its users share, including pursuits, pastimes, private thoughts and human romantic connections.Though most of its revenue is produced by ads, facebook also takes a cut from what that apps make through its site.For every single dollar that"The game"Maker zynga gets for the primary cows and crops it sells, as an example, facebook itself gets 30 cents. Like facebook success, freebies has had its share of troubles.It went through a series of privacy missteps over the years as it pushed users to disclose more and more details about themselves.Ftc over allegations that it exposed details about people private lives without getting legally required consent.And the legal fights over facebook origins have been unpleasant and sometimes distracting, though zuckerberg has solidly denied allegations that have depicted him as a ruthless weasel. Zuckerberg has made it clear he isn and in particular keen on leading a public company.He has said many times that he prefers to focus on developing facebook providers growing the site user base, rather than trying to hit quarterly earnings targets because of keep investors happy. Currently, on the other hand, he has matured into a role, reported scott kessler, a typical poor equity analyst who follows internet stocks. "Clearly he an important event smart and shrewd person, he was quoted saying. Zuckerberg has surrounded himself along with savvy executives, who are often more capable.Consist of chief operating officer sheryl sandberg, who helped build google pr and promotions business before facebook lured her in 2008.Youtube finance chief is david ebersman, a former professional at biotech firm genentech. Amid the buoyant optimism about facebook prospective customers as a public company, some analysts see imense parallels to the dot com boom of the late 1990s, which turned into a devastating bust during the early 2000s.The biggest fear is that some investors will end up so enamored with facebook brand and brawn that the will try to buy the ipo share with little financial analysis or recognition of the risks. The ipos of zynga and linkedin indicated that success isn guaranteed even for profitable companies with huge followings.Zynga stock is trading just slightly above its ipo price.Linkedin is extensively higher, nonetheless far below the $122.70 record that it hit on its first forex investments day. "It seems there so much stimulation, innovation around internet startups homepage in silicon valley and yet a lot of firms.Have not done well at all, kessler agreed. "The concern is the durability of the growth and profitability.It fairly, very difficult to prove those things out over a short space of time,