Facebook flotation set for May

Facebook flotation set for May

The social networking site could be gearing up for a $100bn IPO to get some cash in the coffers

facebook IPO $100bn flotation stock mark zuckerburg Facebook could make an initial public offering (IPO) by the end of May, if AllThingD's sources are to be believed – and they usually are.

And with estimates that the social network is worth US$100bn at the last count, it'd be the biggest flotation tech has ever seen. So understandably investment geeks are getting excited.

As it's rumoured to already have racked up over 500 investors, Facebook might have to start talking numbers anyway – but an IPO has been on the cards since 2011 so it's ever so slightly overdue.

There'll be fun for us too as if Facebook goes ahead with the flotation – the Securities and Exchange Commission (SEC) will want to know the ins and outs of the site's secret finances.

That means Facebook users could soon see how much moolah Zuckerberg is making off your drunken photos and ten-a-day 'Like' habit.

Source: Copyright © Stuff.tv

See more about:  facebook  |  web  |  business
 
 

Readers of this article also read...

Best Android apps this week 

Best Android apps this week

 
Toshiba's new 2013 laptops unveiled 

Toshiba's new 2013 laptops unveiled

 
Exclusive First Look: Gigabyte's Z87X-UD3H 

Exclusive First Look: Gigabyte's Z87X-UD3H

 
Unboxed: LG's Optimus G "Superphone" 

Unboxed: LG's Optimus G "Superphone"

 
Google's new Chromebook Pixel bests MacBook Pro in the ppi war 

Google's new Chromebook Pixel bests MacBook Pro in the ppi war

 

Latest Comments

Latest Poll

Which broadband network do you think is the best choice for Australia?



or View results
The Coalition's.
  19%
 
Labor's.
  63%
 
Screw this I'm going back to smoke signals and string on a can.
  18%
TOTAL VOTES: 1719

Vote now
Ads by Google

From our Partners

PC & Tech Authority Downloads