Facebook IPO Will Create A Thousand New Millionaires, 99% ers Aren’t Going To Like This

The catchy rumor ahead of Facebook’s initial public offering filing was that the company’s record IPO will create 1,000 millionaires overnight.With a current plan to raise $5 billion in its stock sale — the largest Internet IPO in history — employees who were granted stock options in Facebook when they were hired certainly have a lot to gain.  The Daily Mail reported that the company will have “well over a thousand” employees who will be millionaires after the company goes public, based on comments from an anonymous former in-house Facebook recruiter.

Where are the Occupy Facebook demonstrators?

 

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