Market Currents
Facebook (FB) has set an IPO date of May 17, sources tell TechCrunch, contingent on the SEC...
-
Wednesday, April 18, 2012, 9:54 PM ETFacebook (FB) has set an IPO date of May 17, sources tell TechCrunch, contingent on the SEC signing off on the company's paperwork in time. It's added Facebook will have an IPO valuation of $100B (reflecting recent trading on secondary markets), and (as expected) is looking to raise less than $10B. (S-1)
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 11 comments:
Site Referrals to My Content
=== =================
LinkedIn 3 (news feed, group)
Facebook: 1 (fans)
Twitter: 30 - 100
Google: 100-1000 (search engine)
Yahoo, CNBC: 1000's
Of course: "this time it's different."
Will the day after FB becomes Black Friday May 18?
Chris, I am totally with you. This company deserves to get an award.
Bubble 1000X Btw, Mark Zuckerberg is one dictator (57% ownership).
ANY company that makes a claim of $100 Billion USD valuation, although they only made a pathetic $ 1 Bil USD in revenue, should be forced to show ALL due diligence, proving on paper at the very least, that they are even in that neighborhood. This obviously does not past the common sense test, unless of course your financials are being run by a magician.
If you could bottle that mentality, people would be in jail, or worse.
That they have made such a claim, and are still allowed to walk around freely, is a mystery.
Best strategy would be to get in on that short, early. Let's see if they can give the BATS emission a run for their money.