My experience of modeling tells me that 70% of the effort in creating the financial model goes in finding the relevant data to create the model. If you are starting new on modeling then this could be higher! So I thought before we start modeling for valuation of FB, why not let you find the data relevant to create the P&L (historical) for FB.
I hope that you found it yourself! If you didn't keep reading and this post speaks about finding the filing from SEC
All companies want to take money from public (IPO - Initial Public Offering) to grow! Some do get a chance! : - ) [Facebook is one of them and believe me its going to take ~USD 5 Bn from people like you and me!]
So we are entitled to know the business of Facebook and how much money is it generating! The regulator ensures that and all the companies that access capital markets in US have to file S1 filing with the regulator. Mortals like you and me cannot get USD 5 Bn, but can always know what this 5Bn is going to generate! ;-)
So where do you get this S1 filing for Facebook?
Open Google (What else were you expecting??) and search for EDGAR
Click on the search result
Once the website is open, click on the Search for Fillings at the left side of the page
Inside the search for fillings click the Company or fund name
Enter your search information i.e name of the company for which you need the S1
Click the Find Companies button (given at the bottom of the page)
All different types of fillings made by Subject Company will be shown on the page. Go to S1
Inside that you have to click on the file type
There is an easy alternate way (Not scalable in long term)!
Now that you have the information with you, why don't you try to fill the historical P&L? I am sure you would be able to do it now!!
Happy Facebooking Modeling (Financial!!)
If you are here, you should have read:
Why go hunting for each individual post on our blog, when the entire Facebook Valuation Program can come right in your inbox? Yes. It's now a simple click away, just provide your email address in the form below, and we will email you the entire 1 month program 1 article a day!!
Global Association of Risk Professionals, Inc. (GARP®) does not endorse, promote, review or warrant the accuracy of the products or services offered by EduPristine for FRM® related information, nor does it endorse any pass rates claimed by the provider. Further, GARP® is not responsible for any fees or costs paid by the user to EduPristine nor is GARP® responsible for any fees or costs of any person or entity providing any services to EduPristine Study Program. FRM®, GARP® and Global Association of Risk Professionals®, are trademarks owned by the Global Association of Risk Professionals, Inc
CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by EduPristine. CFA Institute, CFA®, Claritas® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Utmost care has been taken to ensure that there is no copyright violation or infringement in any of our content. Still, in case you feel that there is any copyright violation of any kind please send a mail to firstname.lastname@example.org and we will rectify it.
2015 © Edupristine. ALL Rights Reserved.