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Facebook contemplates initial public offering
Published: 21 Nov 2011 |
By Mike D
and 3 others |
Last updated: 19 Feb 2013
|
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Wall Street is anticipating the initial public offering (IPO) of company stocks of social-networking giant Facebook.
Prediction by analysts are that Facebook could become the largest IPO of the decade and likely the largest tech IPO ever, expecting to raise $10 billion in the offering. Google, by comparison, raised $1.9 billion in its IPO in 2004.
Additional advantage, at least for company employees, is that an estimated 1,000 of them become instant millionaires with the initial public stock offering of Facebook.
Currently, the 'king of social network' shares are only available for private trading to a selected few, in most cases those with a high capital balance.
Prediction by analysts are that Facebook could become the largest IPO of the decade and likely the largest tech IPO ever, expecting to raise $10 billion in the offering. Google, by comparison, raised $1.9 billion in its IPO in 2004.
Additional advantage, at least for company employees, is that an estimated 1,000 of them become instant millionaires with the initial public stock offering of Facebook.
Currently, the 'king of social network' shares are only available for private trading to a selected few, in most cases those with a high capital balance.
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Facebook filing for IPO expected first week february
days in Early February
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MoreLocation: New York Stock Exchange, United States
Earliest date: Wednesday 1 February 2012
Latest date: Thursday 14 June 2012
Latest date: Thursday 14 June 2012
Planning: to be confirmed
Ended: 342 days ago 
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