Five preferred-stock series
Original issue prices: A $0.004605; B $0.0570025; C $0.2871668; D $7.412454; E $4.54158. The filing reflects pre-IPO splits and provides one-for-one common conversion.
Social platforms & AI · META
Meta (Facebook)
Facebook’s prospectus preserves five preferred-stock series and later private common financing before its $38 IPO. Filing series names are retained rather than relabeling them from press accounts.
01 / YOUR SCENARIO
Choose your starting point.
Starting price: $0.004605 · Preferred terms at Dec 31, 2011 · not a round date
1 META share equivalents per starting share at your ending date.
DOCUMENTED PRIVATE PRICE → IPO OFFER PRICE
Meta (Facebook)META · Series A · $0.004605
Hypothetical price-only value of $1,000.00
$8,251,900.11Preferred terms at Dec 31, 2011 · not a round date → 2012-05-18
8,251.9×Price multiple
$8,250,900.11Gain / loss
217155.26601520 META share equivalents · ending price $38
Original issue price as restated for pre-IPO stock splits in the prospectus. Preferred converts one-for-one to Class B; transferred Class B converts one-for-one to Class A. No second pre-IPO split adjustment.
Formula: amount ÷ $0.004605 × 1 × META ending price.
Facebook final 2012 IPO prospectus ↗Illustrative paper value; no sale or access to a historical investment is assumed. Excludes fees, taxes, cash dividends, warrants and other distributions; fractional shares assumed. The IPO mark does not assume an executable sale.
THE STORY & THE EVIDENCE
Meta (Facebook): before the public market.
Facebook’s prospectus preserves five preferred-stock series and later private common financing before its $38 IPO. Filing series names are retained rather than relabeling them from press accounts.
IPO5 sourced milestones7 documented share scenarios
- Preferred terms snapshot
- Private preferred financing
DST Series E financing
Approximately $200 million$4.54158
44,037,540 split-adjusted preferred shares; approximately $200 million proceeds. The transaction summary rounds the share price to $4.54; the model retains the precise issue price.
- Private common financing
Private Class A financing
$500 million total offering$20.85 for the disclosed DST purchase
The total offering generated $500 million. Within it, DST bought 2,398,081 Class A shares at $20.85 for approximately $50 million.
- Private common financing
Additional private common financing
$998 million net
The offering generated $998 million of net proceeds. Net proceeds are not the same as gross capital raised.
- IPO
Facebook public listing
$38
The final IPO offer price was $38 per Class A share. Preferred conversion and Class B transfer rules connect the private terms to the listed class.
What the records do not establish
- Series A–D models use the prospectus’s split-restated issue prices and a dated terms snapshot; that snapshot is not an invented round closing date.
- The May 2009 financing and later common-stock rounds are distinct transactions. No individual access, allocation or sale at the IPO price is assumed.
Research reviewed 2026-09-24. Selected public records, not a complete private cap table. An undisclosed price is left unknown.
Open this company’s sourced data (JSON) ↗
Source documents & filing locations
Facebook final 2012 IPO prospectus ↗
Cover; Note 10 preferred stock, original issue prices and conversion; Certain Relationships, Series E and common-stock financings.