According to
new reports , Facebook is preparing for an IPO, which could easily exceed $ 100 billion.
Thus, the upcoming IPO could be one of the largest in history, more than four times higher than Google’s
23 billion IPO in 2004.
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According
to CNBC , Facebook is likely to hold an IPO in the first quarter of 2012. The fact is that, according to US law, private companies with more than 500 investors, along with public companies, are obliged to publicly report on their financial condition on a quarterly basis. Facebook is expected to cross the threshold of 500 investors this year and wants to hold a formal IPO before the April financial report is released.
The IPO will be underwritten by Goldman Sachs, thanks to a
450 million Facebook investment earlier this year.