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  • Feb 2, 2012
    11:24 AM ET

    How IPO Cash May Rewrite Facebook

    As Facebook prepares for one of the biggest IPOs of all time, analysts say the company’s biggest problem is an enviable one: What do with all that extra cash?

    The social networking giant filed for an initial public offering Wednesday, and hopes to raise as much as $10 billion when it begins selling shares this spring. But as Facebook’s expansion continues, some say Facebook founder and CEO Mark Zuckerberg will likely use the new money to invest moreheavily in technicians and infrastructure to safeguard against the kind of hacking scandals that hit companies like Sony. “Facebook is one of the most targeted social media sites, which means it will be difficult for them to ever eliminate the problem,” says Chester Wisniewski, senior security advisor at Sophos, an online security consultancy.

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