Facebook $100 Billion IPO Rumored For Q1 2012

Posted: Jun 13 2011, 2:32pm CDT | by , Updated: Jun 13 2011, 2:35pm CDT, in Rumors | Technology News

Facebook $100 Billion IPO rumored for Q1 2012

Facebook IPO to mark the climax of this bubble?

The Facebook IPO is what everybody is waiting for. Facebook actually cannot avoid it as they soon thti the 500 investors barrier. At this point the SEC treats a private company as a publicly traded one in terms of reporting. Facebook will want to preempt this event with going IPO. CNBC sees the date for the Facebook IPO in Q1 of 2012.

If the market condidtions do not dramatically change the Facebook IPO should be beyond $100 billion. Last January Wall Street already placed their bets into Facebook at a valuation of $50 billion. Goldman Sachs and others inserted $1.5 billion into Facebook.

Facebook is still unchallenged. The amount of users Facebook has is pretty much impossibly for another social network to reach anytime soon. Facebook has more than 600 million users. There a though some new reports that the growth of Facebook could be slowing in the United States.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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