Facebook Rumored to File for IPO this Week

Rob Williams

Editor-in-Chief
Staff member
Moderator
For as long as Facebook has existed, so has the rumor that the company is about to go public. Late last week, the Wall Street Journal topped off this rumor by saying that it could happen as early as this coming Wednesday, with Morgan Stanley acting as the underwriter. The company is currently valuated at $75~$100 billion, and with this IPO it will offer as much as $10 billion in shares.

facebook_013012.jpg

Read the rest of our post and then discuss it here!
 
Top