The Facebook IPO will reportedly happen May 18. The company announced Thursday it would price shares between $28 and $35 and offer 337,415,352 shares of Class A common stock. Facebook will become the most valuable U.S. Internet company at the time of its IPO, which should value the company at between $85 and $95 billion.
Facebook has produced a 30-minute video pitch to show big-time investors why sinking money into a publicly traded Facebook will be a good idea. Check it out here.