sâmbătă, 28 ianuarie 2012

Facebook IPO Takes Over The Web

The moment the tech industry at large has been waiting for with bated breath is about to transpire. According to the Wall Street Journal, Facebook is planning to file for its IPO next Wednesday. Did I mention it’s expected to be the largest public offering in tech history ?

Online opinions appear to be across the board. While some are excited for the upcoming news to break next week, others think the numbers are insane.

Well, you probably already knew that. Analysts are anticipating a valuation between $75 billion and $100 billion for the social networking behemoth. On Wednesday, trades for Facebook shares were halted on the secondary market.

In any case, the Facebook offering is expected to be one of the largest IPOs ever -- with some reports saying the company will be raising $10 billion on a $100 million valuation.

That amount is presumably to match its huge consumer growth and also revenue explosion. Users now number 800 million -- a figure that is likely to hit one billion this year. Revenue, which was reportedly close to $4 billion in 2011, is expected to be higher by another third in 2012.

Facebook will need the strong numbers if it wants to impress investors, although the social networking site's leadership insists that it remains focused on products over dollars.

In an interview with The Wall Street Journal last week, Facebook cofounder and CEO Mark Zuckerberg hedged the point, even as he sang his same familiar strategic tune of the last few years.

Facebook IPO
    Facebook plans to file IPO papers next Wednesday. They value the company between 75 and 100 billion. That is absurd! There are companies that work everyday to help save people's lives, that are worth less than 1 billion.
When FB becomes public expect a lot of changes especially in the privacy dept.
 Zynga went public last year and the price has already come down. Paying real money for virtual cows and pigs baffles my mind, so anything is possible.

    Tina Messina Azzara
    15 hours ago
        Inevitable. It would stink to be a Winklevoss...

    Jody Raines
    15 hours ago
    Can't wait. Bring the popcorn it's going to be a train wreck! :)

    Bill Mitchell
    15 hours ago
        Facebook might file for IPO wednesday with a valuation of 75 to 100 billion. BILLION! -------You just read that for free on facebook. Our federal governmnet taxes our eye balls out and still goes broke. Einstein's definition of insanity doesn't even cover this for us. We need a new witty definition for stupidity to describe this one.

    Dean Simoneaux
    15 hours ago
    RT @ReformedBroker: Just exhausting thinking about the whole facebook pre-IPO ramp-up on the blogs - so many experts and opinions and reversals and for nothing

        #Facebook IPO- don't underestimate the importance of your #reputation valuation bit.ly/vxUmVB

    Owen Tripp
       Facebook IPO coming soon. Valuation to be $90 Billion, just a lil less than $MCD. MCD has $27 Billion in revenue, can't wait 2 c FBook fins.