Facebook IPO in likely to be out in April 2012 . The Social Network who has dominated the world of Social Media , Facebook will file its long-awaited IPO between April and June 2012, according to a report from The Wall Street Journal on Monday.
The report says that Facebook IPO will be raising around $10 billion in an IPO that could value it at more than $100 billion. This is consistent since the last time when it was reported in June that used the same eye-popping number of zeros to describe Facebook’s expected valuation. If we come to think about it, the valuation would make Facebook’s IPO one of the largest in history — more than four times as big as Google’s $23 billion IPO in 2004.
While the first rumors of Facebook IPO predicted that the company would go public during the first quarter of 2012, recent reports had suggested that the offering had been pushed back to “September or later.”
Facebook IPO Impact
The Wall Street Journal‘s sources cautioned that Facebook has not made any final decisions in its internal discussions about the timing of its filing and that market conditions will ultimately decide how much money the company seeks and the value of the company.
This Will make Facebook one of the biggest competitors in Cyber World. Share you views on comments.