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Facebook IPO likely in Q1 next year: report
Facebook Founder & Chief Executive Officer Mark Zuckerberg, launches Facebook's ''open compute program'' at Facebook's headquarters in Palo Alto, California April 7, 2011. .
Credit: Reuters/Norbert von der Groeben
(Reuters) - Facebook is likely to file its initial public offering (IPO) in the first quarter next year and the valuation could top $100 billion, CNBC reported on Monday.
Goldman appears to be in the leading position regarding Facebook IPO, CNBC said.
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Comments (2)
JamesJansson wrote:
How can it be worth even more when the usage statistics show decreases in the numbers of users?
http://jamesjansson.com/blog/2011/06/13/facebook-growth-slowing/
http://jamesjansson.com/blog/2011/06/13/facebook-growth-slowing/
beefchow wrote:
Slowing growth isn’t the same as negative growth. Facebook is already saturated with the vast majority of consumers in the rich world. Surely growth is going to slow because the remaining unwashed billions don’t have computers yet, and even if they did, they don’t have much to spend. Growth is slowing not because people are signing up else where, rather, there are fewer and fewer people left to sign up.
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