Wednesday, November 30, 2011

Facebook: The Largest IPO in the History of Information and Technology

We are inches away from the long anticipated biggest IPO of the history in tech industry.According to Mashable Facebook is planning to file IPO before the end of this year and targeting the official IPO  date between April and June of 2012. Some rumors said that the offer will be around $10 billion, making Facebook a $100 billion valuation. 

But as of now it will still remain impending, Facebook's CEO Mark Zuckerberg still haven't made his final decision. Probably he is waiting for the proper timing due to some negative economic circumstances happening recently not only in US but also in Europe. He is also considering the fact of what happened on the most recent closely watched IPO of Groupon in which share value plummeted to 42% in the past five trading days after surging in its first day of trading.

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