It's getting extremely interesting on the eve of Facebook's IPO, with the social network managing to raise an incredible $16 billion, while setting the price per share at an impressive starting point of $38 apiece. As expected, the managers from the big-money companies have all been keen to get in on the act, and the share price leaves Facebook's market value at an incredible $104 billion - half that of fellow web-based giant Google.
Facebook has been long rumored to be getting all its ducks in a row, ready for its Initial Public Offering, or IPO. On Wednesday, the social network flicked the switch, instantly making itself a target for those looking to make money off its huge popularity.
