Mark Zuckerberg is expected to release the highly anticipated IPO (initial public offering) for his company, Facebook. For those of you waiting to get a piece of FB, that may be likely to come “in the third week of May.”
Facebook must file its IPO docs within the next month, given that the review usually takes about three to four months, but it could take longer. Groupon, for example, did not go public until after five months of filing its IPO.
Naturally the Securities and Exchange Commission may stall the process, but if there are no issues like a turbulent market or questions from regulators, FB’s filing should not be amended and stalled.
“The Facebook IPO is expected to be one of the largest Web offerings ever — with some reports saying the company will be raising $10 billion on a $100 billion valuation.” DAMN!
Facebook is expected to hit one billion users this year! Revenue is expected to rise by another third in 2012.