Facebook IPO Comes Soon If The CEO Changes His Tune
Facebook Chief Executive Officer Mark Zuckerberg has finally changed his tune about selling stock to the public, according to the latest chorus of rumors.
Facebook Chief Executive Officer Mark Zuckerberg has finally changed his tune about selling stock to the public, according to the latest chorus of rumors.
Zuckerberg has allegedly said he wants to keep the company private but now Facebook employees are reportedly telling each other that the CEO has finally changed his tune.
The source of this rumor is worth calling into question: an unnamed individual who’s close to Facebook employees told Business Insider that over the past six weeks, people in the company have been chattering about a possible filing with the Securities and Exchange Commission for an initial public offering.
WebProNews and ZDNet’s Friending Facebook Blog have parroted Business Insider’s report, along with the idea that Facebook has to go public now that the company has exceeded 500 shareholders, requiring quarterly public disclosures of financial performance starting as soon as April.
However,
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