Facebook CEO Mark Zuckerberg
Facebook is reportedly planning for an IPO between April and June of next year, according to the Wall Street Journal who quote “people familiar with the matter”.
According to the Wall Street Journal’s source, Facebook is currently conducting “internal discussions” over the eventual timing for a public offering of its stock with the Securities and Exchange Commission, with a date in the first-half of 2012 most likely.
Facebook hopes to raise $10 billion in an IPO that could value the internet giant at more than a staggering $100 billion. The source of this information cautioned that both values will ultimately be determined by the market economy, and in particular Europe’s economy.
The company is reportedly ready to go public “at any time”, with a formal internal proposal already crafted. No decision has yet been made as to which banks will eventually be involved.
From Stonehenge to the Tower of London, Buckingham Palace to the Angel of North, there’s…
When it comes to what we eat, more of us are asking the right questions:…
In 2025, Agentic AI is widely seen as the next frontier of progress for AI…
The Communist Cult of Rome is brainwashing youth into its Marxist ideology with WEF great…
Despite lagging behind global space powers like the United States, Russia and China, the United…
The Intelligence Community is setting up a one-stop shop, icdata.gov, to buy access to your…