Who gets the money from the facebook IPO?

I need to understand IPO's a bit more;

so if facebook is valued at 100 billion, and if Mr. Zuckerburg owned it 100%

does Mr. Zuckerburg get 100billion if he decides to do a full-out 100% IPO?

but we learn in class that IPO's raises capital for the firm to expand? so who gets the money? zuckerburg or facebook?

2 Comments
 

Generally what you have in the case of an IPO are two scenarios and occasionally a combination thereof:

Scenario #1: Treasury Offering - Company decides to sell 10% of the company to the public and raises $500mm to pay down, fund capex, etc.

Scenario #2: Secondary or Selling Shareholders - Company decides to sell 10% of the company to the public and raises $500mm to existing shareholders who wish to sell their shares and cash out of their investment.

Scenario #3 would entail a split between the two (i.e. 200 to selling shareholders and 300 to de-lever the company)

This is a fairly high level description but it should suffice for your purposes.

 

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