Tuesday, November 29, 2011

The Facebook IPO Will Happen as Early as April 2012

Image representing Facebook as depicted in Cru...Image via CrunchBaseThe long anticipated Facebook IPO will materialize in 2012 between April and June. This is according to a Wall Street Journal report that was released on Monday.

The report is based on observations made by people who are considered to be familiar with the public offering. According to these sources, Facebook wants to offload 10 percent of its shares to the public to raise $10 billion. This will put the value of the company at approximately $100 billion or more. While this valuation might seem too high, another report that was released in June quoted a similar figure.

If it comes to pass, the IPO will be among the biggest in the history of corporate America and the entire world. The IPO would be bigger than Google's IPO that raised $23 billion in the year 2004.

Initially, Facebook was rumored to be preparing to go public between January and April 2012. However, recent reports had indicated that the IPO had been scheduled for September.

The Journal cautioned that Facebook has not yet made a final decision. The dates may change and the valuation of the company might also vary.

No comments:

Post a Comment

Amazon Deals

Search This Blog

Infolinks In Text Ads