Facebook's IPO A Watershed Moment

In the Facebook IPO filing with the SEC today, the company disclosed every detail about how it creates revenue.

Facebook filed for a $5 billion initial public offering Wednesday, in what could be one of the largest technology IPOs ever. The filing did not list an offering price, but reports have said the price could value the company between $75 and $100 billion

It appears that the excitement over the Facebook IPO has crashed the SEC's website. The link to the Facebook SEC filing, previously available here, is no longer loading. Instead, we're seeing a “this webpage is not available

Facebook isn't making any friends with the likely delay of its IPO filing until after the market closes today. The much-anticipated initial public offering, rumored to raise $5 billion, had Silicon Valley and the investment community

Those staggering numbers had Facebook users — those whose privacy settings defaulted to public — largely pondering one major school of thought: "Wow, that's a lot of money." "$5 billion IPO for Facebook?!?!? What the hell am I doing on Facebook?