21st November 2011

Facebook To Go Public Next Year

It seems that 2012 will be the year when Mark Zuckerberg finally decides to float Facebook, potentially making it the biggest public offering for a consumer technology business ever! It is currently believed that Facebook could be valued at $100 billion when it floats!

According to the co-founder of Linkedin, Reid Hoffman, he said;

“I suspect that Mark will choose to go public because the company has to put in a lot of financial work in order to make the necessary filings and so he might as well make sure he benefits employees and ultimately the company from the level of work that’s already involved,”

Source [Yahoo]

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