Facebook filed its IPO with the Securities and Exchange Commission this afternoon, announcing its intention to sell 337 million shares at between $28 and $35 a pop in the biggest Internet stock offering since Google went public in 2004.
The $11.8 billion IPO would put the total valuation of the company at an astounding $77 to $96 billion, according to the Wall Street Journal.
Facebook chief Mark Zuckerberg, 27, stands to gain as much as $17.6 billion in the IPO, which would make him richer than Microsoft's Steve Ballmer.
