Facebook planning IPO at $100 billion valuation

Facebook planning IPO at $100 billion valuation
CNBC has said today that the social networking giant Facebook will file for an IPO as early as October, with a $100 billion valuation.

The company would then go public in the Q1 2012, possibly even in January.

Facebook has not confirmed the news, yet, but their COO did call an IPO "inevitable" just last week.

Perennial money losers Groupon and LinkedIn have filed for IPOs in the last month with massive valuations and gaming behemoth Zynga is expected to go public later this year, as well.

Facebook has 600 million global users.

Written by: Andre Yoskowitz @ 13 Jun 2011 14:44
Facebook Social Networking IPO
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  • 1 comment
  • No_ID

    I know what stock I plan on buying...

    15.6.2011 15:56 #1

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