DaMan
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- Nov 17, 2003
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<center><a href="http://www.bgr.com/2012/03/28/facebook-reportedly-eyes-may-for-biggest-internet-ipo-in-history"><img class="size-full wp-image-89173 aligncenter" title="facebook" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/05/facebook110512112558.jpg" alt="" width="652" height="295" /></a></center>
Facebook is reportedly targeting May for its initial public offering, which is set to be the biggest Internet IPO in history by a substantial margin. <em>The Wall Street Journal</em> on Wednesday cited unnamed sources in stating that Facebook was aiming for a May offering, and the company halted trading on the secondary market this week as it makes preparations. The company <a href="http://www.bgr.com/2012/02/01/facebook-files-for-biggest-internet-ipo-in-history/">filed with the U.S. Securities and Exchange Commission in February</a>, and it could raise as much as $10 billion at a $100 billion valuation when it goes public later this year. Google currently lays claim to the largest Internet IPO, having raised $1.9 billion in 2004. Facebook recorded net income of $1 billion on $3.71 billion in sales last year. The company’s social network is currently home to more than 845 million active monthly users.<span id="more-133640"></span>
<a href="http://online.wsj.com/article/SB10001424052702303404704577309882117568426.html">Read</a>
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/BMVJMPyWesw" height="1" width="1"/>
Via BRG - Boy Genius Report
Facebook is reportedly targeting May for its initial public offering, which is set to be the biggest Internet IPO in history by a substantial margin. <em>The Wall Street Journal</em> on Wednesday cited unnamed sources in stating that Facebook was aiming for a May offering, and the company halted trading on the secondary market this week as it makes preparations. The company <a href="http://www.bgr.com/2012/02/01/facebook-files-for-biggest-internet-ipo-in-history/">filed with the U.S. Securities and Exchange Commission in February</a>, and it could raise as much as $10 billion at a $100 billion valuation when it goes public later this year. Google currently lays claim to the largest Internet IPO, having raised $1.9 billion in 2004. Facebook recorded net income of $1 billion on $3.71 billion in sales last year. The company’s social network is currently home to more than 845 million active monthly users.<span id="more-133640"></span>
<a href="http://online.wsj.com/article/SB10001424052702303404704577309882117568426.html">Read</a>
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/BMVJMPyWesw" height="1" width="1"/>
Via BRG - Boy Genius Report
