Business & Tech
Los Altos Realtors, Stand By: Facebook Files For IPO
Facebook is officially launching Silicon Valley's most widely anticipated initial public stock offering since Google, intending to trade under the symbol "FB."
The long-awaited moment has arrived.
How much will the Menlo Park-based social networking site raise, and where will all the newly minted millionaires live? Los Altos Hills? Portola Valley? Woodside? Atherton?
The Mercury News' Brandon Bailey and Mike Swift report that Facebook seeks to raise $5 billion.
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