facebook ipo 2010
- Before You Get Excited About the Facebook IPO…
- Facebook & Goldman Sachs: Don't Be Fooled by a Facebook IPO
The social media giant could file papers for an initial public offering as soon as Wednesday, according to a report from The Wall Street Journal. The company is looking at a deal that would value the social media giant between $75 billion and $100 billion, the WSJ reported, making it one of the biggest in U.S. history.
Scott Sweet of IPO Boutique told MarketWatch a Facebook IPO will likely lead to "pandemonium."
"It's absolutely massive," Sweet said in an interview. "The mere drop of a hint will cause pandemonium."
Facebook is looking to raise as much as $10 billion, which would make it the fourth-largest U.S. IPO behind Visa Inc. (NYSE: V), General Motors Co. (NYSE: GM), and AT&T Wireless. A $100 billion valuation would make Facebook worth as much as global powerhouse McDonald's Corp. (NYSE: MCD).
If you missed Google, should you bet on Facebook? We don't think so. Facebook will IPO. And it will IPO soon. The company may have no choice if the SEC gets a hold of its records. But that doesn't mean it will be a good stock to buy. Facebook is the most visited Web site […]
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