Facebook IPO Coming Soon? The Social Network Seeks $10 Billion

Filed in Uncategorized by on November 29, 2011 0 Comments

Is a Facebook IPO coming next year? The word is that Mark Zuckerberg and his social network may seek as much as $10 billion in funding as it becomes a public company sometime in the spring of 2012.

Facebook IPO Coming Soon? The Social Network Seeks $10 Billion This means that the value of Facebook is in the neighborhood of $100 billion, which is four times larger than Google’s valuation in 2004. In short, the Facebook IPO would be huge. As much as Zuckerberg and the company has tried to avoid an IPO, it looks like the social network may become public soon.

Facebook focused on its product instead of working to please investors until now. What kind of changes could this IPO bring? Will the company go into the business of making gadgets? Would they start merging with other companies like Zynga (Farmville’s creator)? Could they possibly buy Twitter? It doesn’t seem out of the realm of possibility.

While the Facebook IPO is not official at this point, the rumors are certainly swirling. If it happens, would you be interested in investing? The beginning of a public offering should be a great time to get in on the giant company.

Like this article? See more by Kate James at Gather.com

About the Author ()

I am an easy going person who likes to talk and write about news and other current events. I live in a college town and have lots to do.

Leave a Reply