Wednesday, November 30, 2011

Is Facebook Finally Ready to IPO?

Filed under: , , , ,

It's taken a long time, but Facebook may finally be ready to go public.

Sources are telling The Wall Street Journal that the fast-growing social networking website is planning to go public during the second quarter of next year.

Don't get too excited. Facebook would no longer be considered a ground-floor opportunity at this point. The company is reportedly looking to raise $10 billion in an IPO that would value Facebook at a cool $100 billion. It's a price tag that would make Facebook the...

Is Facebook Finally Ready to IPO? originally appeared on DailyFinance.com on 2011-11-29T14:30:00Z.

Permalink | Email this | Comments

Sent with Reeder

No comments:

Post a Comment