Facebook Doubling Revenue While Delaying IPO

A Wall Street Journal article from yesterday has generated some buzz as it includes a number of interesting details about Facebook’s revenue among other things. The most interesting piece of information was that Facebook’s revenue could be between $1.2 and $2 billion this year. The article primarily centered around Mark Zuckerberg’s continued desire to delay any public offering.

One interesting strategy that companies like Zynga have decided to follow, is the issuance of restricted-stock units (RSUs) which enable the company to stay under the 500 shareholder threshold for private companies. While last year’s revenue have become part of a post-speculation game, estimates range from $650 to $750 million for the year.