Need A Little Context On Facebook’s IPO? The Social Network Made More Money Than…

Today’s Facebook IPO is a momentous, historical occasion. It’s set to be the biggest tech IPO ever, and the third largest IPO in U.S. history, second only to Visa and General Motors. The company that was once just a glimmer in the eye of a Harvard student named Mark Zuckerberg raised over $16 billion yesterday as shares were gobbled up by hungry investors, and that $38 share price point is expected to increase as the stock starts trading around 11am today.

Do you know how much money that is?

That’s more than nine Google IPOs, the cost of buying Napster 132 times in 2008, and enough to buy Mark Zuckerberg plenty of executive hoodies — 266,266 to be exact.

And how did I calculate this madness, you ask? I didn’t. A new website just popped up titled “Facebook made more money than”, and it looks a helluva lot like a Facebook page (fittingly). The site is sourcing facts from the web to provide a little added perspective on just how much $16 billion is worth.

Check it out here.

Here’s one more for the road, just to nail down the nearly unimaginable sum in your mind:

The $16 billion netted by Facebook before the stocks begin trading is more than the value of 66 sets of Winklevoss twins.


~The Best Of TechCrunch’s Facebook IPO Coverage~

Video & Photos: Facebook CEO Mark Zuckerberg Rings In The NASDAQ Bell

No IPO Pop Here: Facebook Trades Slightly Higher At Around $40

Facebook’s Key Executives And Shareholders: What Is Everyone Worth?

Zuckerberg Receives Hoodie, Says “Our Mission Isn’t To Be A Public Company” In Pre-IPO Remarks

How Facebook Hacked The NASDAQ Button

Zynga Shares Go On Wild Ride During Facebook IPO — Big Fall, Then Recovery

Facebook Says Haters Gonna Hate, Likers Gonna Like