Sorting Through The Facebook IPO-Related Rumors
There is no shortage of speculation and rumors about Facebook's upcoming initial public offering, some of it plausible, some of it not so much.
There’s no shortage of speculation and rumors about Facebook’s upcoming initial public offering, some of it plausible, some of it not so much.
First off, the Wednesday date that has been making the rounds from several sources does not mean that the actual IPO will occur Wednesday or Thursday.
If anything actually occurs this week, it will involve Facebook registering the offer and disclosing information that it was previously able to keep private.
The Wall Street Journal is also being more cautious with Facebook’s valuation, pegging it at $75 billion to $100 billion, while several other media outlets are running wild with the $100 billion figure.
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