Leading technology news and analysis site, TechSpot, is reporting that a Facebook IPO is imminent.
According to TechSpot article, "Facebook's long rumored IPO is imminent", we could know as early as this week, if Facebook will go public.
Two (2) big-wig IPO underwriters said to involved in the deal are Goldman Sachs and Morgan Stanley.
Facebook's Initial Public Offering is supposed to fetch 10 billion for the social media giant.
Which would put Facebook's valuation between $75-100 billion, according to the above article. (This is based on previous injections of capital into the social media giant and the value Facebook would fetch, if sold).
So, should we hold our breaths, folks?
After all, this isn't the first time we've heard of Facebook IPO rumors.
I say, let's give it a week and see. :)
Gillian
Sources Include
Article, "Facebook's long rumored IPO is imminent", by Julio Franco, TechSpot.com, January 30,2012
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