Facebook Reportedly Planning $100 Billion IPO
Company could go public in early 2012
Time to add another name to the soaring IPO market. CNBC reported Monday that Facebook is likely to go public in the first quarter of 2012 at a valuation upwards of $100 billion.
This newest valuation is double the company’s $50 billion valuation from back in January when Goldman Sachs and other private investors put $1.5 billion into the company. More recently, says CNBC, the company has been valued at $85 billion, and by the start of 2012, that number could reach $100 billion.
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