Connet with Facebook

Tuesday, November 29, 2011

Facebook Going Public


Facebook, the biggest social network in the World previews to launch its IPO between April and June of the next year with $100 billion starting price.

According to the Wall Street Journal, the leaders of Facebook are seriously considering going public. They hope that this move will contribute to the development of Facebook, and also increase profits by ten billion dollars immediately after the IPO.

It is not known through which bank will doit, but it is currently negotiating with representatives of all major banks to considerate offered conditions.

While this is still at the level of initial negotiations, the idea itself has caused a huge public and potential investors interest.

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