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Facebook announces plan to hold IPO in 2Q12

Facebook is mulling a $10 billion initial public offering (IPO) next year that would provide the social media giant with a market value of $100 billion, a person familiar with the matter told Bloomberg, though this flotation amount is speculative.Facebook is mulling a $10 billion initial public offering (IPO) next year that would provide the social media giant with a market value of $100 billion, a person familiar with the matter told Bloomberg, though this flotation amount is speculative.

Lise Buyer, principal of IPO advisory firm Class V Group, told the media outlet that "it's far too early to accurately predict where the valuation will be on deal day."

If Facebook's flotation raises $10 billion, it will be the largest tech IPO thus far, easily surpassing the $1.7 billion that Google raised during its 2004 IPO. The media outlet reports that the largest tech IPO in history happened when Infineon Technologies AG generated $5.23 billion during the dot-com era. The second largest IPO came from Agere Systems, which raised $4.14 billion during the same time period.

The social media giant issued a statement during a January funding round that expressed its expectation of surpassing 500 shareholders some time this year, which will require it to file documents with the Securities and Exchange Commission either on or before April 30, 2012.  

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2 Responses to Facebook announces plan to hold IPO in 2Q12

  1. SFCopywriter says:

    Wow, this article title is super misleading! “Mulling over” an option is NOT the same as announcing it – not even close. I knew that misleading content was a problem in copywriting, but I would classify it as an annoyance/pet peeve. In journalism I tend to think of it as a violation of ethics.

    If you want, you can read about the pet peeves here: http://blog.sfcopywriter.com/2011/11/30/biggest-copywriting-pet-peeves/

  2. gosocial says:

    FB will be overrated and overvalued. If you really want to profit from investing in social media you should take a look at small players like SocialGO imo.
    SocialGO is very easy to use (drag and drop), a social website is created within minutes. Keeping full control over the content and thus stay in control over your privacy. SocialGO #2 social website creator is quoted at LSE and has a marketcap of less then 5 million GBP! Shareprice .01GBP.

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