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Damn I wish I worked for Facebook right now.  Almost all of the company’s 3000 employees became millionaires this week when Facebook went pubic.

On Wednesday Facebook officially announced it was becoming a publicly traded company. Facebook is valued at about $100 billion dollars and by going public it stands to gain another $16 billion and make most almost all their employees with stock in the company millionaires.

According to ABC the founder of Facebook, Mark Zuckerberg decided to go public because the company was getting to big to remain private.

Facebook founder Mark Zuckerberg reportedly decided to go public once it became clear that the company had become too big to keep its finances private. By going public, Facebook loses some of its mystery and some of its cool, having to declare profits and losses, and answer to shareholders quarterly. But the company will have access to new cash and can use the value of its stock to acquire other companies and to reward its employees.

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