Critical.
Authoritative.
Strategic.
Subscribe to CIO Magazine »

Facebook IPO filing reveals some eye-poppers

When Facebook filed its IPO papers with the Securities and Exchange Commission on Wednesday, some interesting facts about the company were revealed.

While the filing focused on the social network's revenue and user-base growth, it also noted details on employee growth, security

for CEO Mark Zuckerberg and top executives' base pay.

Here's a quick look at some of the more eye-popping tidbits:

Last year, Facebook spent about $700,000 on the use of a personal plane for Zuckerberg and Facebook COO Sheryl Sandberg. Zuckerberg may use the plane for business and personal use because of security concerns. He's also able to take his family and friends.

Zuckerberg has Facebook-funded personal security. The filing doesn't specify how much the company spends on his "comprehensive security program," but it covers the installation of security at his home, as well as the cost of security personnel.

At the end of last year, http://www.computerworld.com/s/article/9157638/Facebook_Complete_coverage had 3,200 full-time employees, which was a 50% increase over 2010. There also was solid growth between 2009 and 2010 when the number of employees went from 1,218 to 2,127.

Zynga, the developer of popular social networking games such as FarmVille and CityVille, accounted for 12% of Facebook's total revenue in 2011. That revenue consisted of payment processing fees related to Zynga's sales of virtual goods and from direct advertising purchased by Zynga.

Facebook is available in more than 70 languages.

The company has offices or data centers in more than 20 countries.

For research and development, Facebook spent $81 million in 2007; $47 million in 2008; $87 million in 2009; and $144 million in 2010. In 2011, the company spent $388 million on R&D, a sum that was 10.5% of its revenue. Google, in comparison, spent 14% of its revenue on R&D last year.

Where is Facebook the most popular? The company reports more than 80% of the population in Chile, Turkey, and Venezuela have Facebook accounts. Facebook has about 60% penetration in the U.K. and the U.S. In China, where Facebook access is restricted, it has near 0% penetration.

At the end of 2011, Facebook owned 56 patents and had filed applications for 503 more in the U.S. It had 33 corresponding patents and had filed 149 patent applications in foreign countries.

Zuckerberg had a base salary of $500,000 last year. He also received $220,500 for the company's "First Half 2011" bonus.

If Zuckerberg dies while running the company, control may be transferred to a person or entity that he designates as his successor.

Online Managing Editor Sharon Machlis contributed to this report.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

More about: etwork, Facebook, Google, Securities and Exchange Commission, Topic, Zynga
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the CIO comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: Facebook, internet, Internet-based applications and services, social media
Latest Blog Posts
Whitepapers
  • 2-Layer BPM: Oracle's Unique Strategy Towards Exceptional Agility and Business Process Efficiencies
    Today, a new approach to BPM — the use of BPM and SOA together in a layering strategy — offers built-in smartness and high configurability. This dynamic approach to business process management is based on context and content. It offers agility throughout an organization, and it can dramatically increase productivity and time-to-market.
    Learn more »
  • CSO Security Buyers Guide 2011
    Welcome to the 2011 /2012 CSO Security Buyers Guide CSO is keeping security professionals ahead of the evolving threats and challenges to their businesses. This resource for security professionals assists you in finding leading IT security vendors by their products and solutions. Happy Browsing! The 2011 CSO Buyers Guide team
    Learn more »
  • HP Imaging and Printing Services
    According to Gartner, a major focus for organisations today and in the foreseeable future is shifting from cost reduction to growth, expansion, innovation, and operational excellence. If your organization is serious about driving growth and innovation and improving customer experiences, you’ll find that a well-managed imaging and printing environment is key to these goals. A growing number of organizations are turning to services as a means of integrating imaging and printing into their overall IT infrastructure strategies. It may be one of the fastest ways to continue to drive down costs, fund innovation, and prepare your organisation to capitalise on future opportunities. Read more.
    Learn more »
All whitepapers
rhs_login_lockGet exclusive access to Invitation only events CIO, reports & analysis.
Recent comments