IPO Could Make Facebook Valued at USD 100 Billion - Facebook is preparing to conduct prime share offering to the public (IPO). Facebook hopes IPO will make up the value exceeded $ 100 billion.
Facebook itself is estimated to go public in 2012. If true valuation is engraved reach USD 100 billion, then this value is two times higher than the estimated valuation of Facebook in last January.
That is when the site was made by Mark Zuckerberg announced the investment being poured from Goldman Sachs Group amounted to USD 1.5 billion.
Telegraph reports, citing an internal resource that is not to be named, said Facebook purposely wait until 2012 for an IPO with the hope that additional funding of up to USD 10 billion.
This was done in order to provide more time for the CEO's rake in more users and boost sales. However, Facebook itself has not confirmed this report.
The spokesman for Facebook refused to comment. While analysts, many predicted a Facebook IPO will be the largest IPO in the history of technology companies.
Facebook plans to do an IPO was delayed until 2012. In fact, Facebook was originally planned to submit it this year.
The rumors say the delay is due to uncertain market conditions. But Zuckerberg rebuffed by saying he just wants his employees to focus on product development.