All the latest UK technology news, reviews and analysis

Facebook days away from IPO as firm heads for $100bn valuation

by Shaun Nichols

More from this author

28 Jan 2012

Be the first to comment

  • Tweet this

Facebook could soon be making shares in the company available on the stock market in one of the most eagerly anticipated initial public offerings (IPOs) in recent memory.

Multiple reports have suggested that the company will file for its initial public offering in the US next week, with target valuations of the offering reportedly ranging from $75bn to $100bn.

The speculation comes in the wake of a reports which noted that Facebook's lawyers have filed for a three-day suspension of the company's shares on secondary markets.

Such moves are often made in the run-up to a major filing.

Facebook's IPO has been highly anticipated. Analysts have suggested that a successful IPO from Facebook could help other companies decide to take their shares public as well.

Previous reports have suggested the company was looking to hold its IPO in the spring.

The $100bn top valuation would be in line with previous reports on the company's worth. A November report suggested the company was seeking $100bn, though some analysts remained sceptical that the company would be able to raise the money in its IPO.

In 2009, Facebook received investments which valued the company at just $10bn but as the site has seen its popularity and user base skyrocket, estimates on the company's worth have soared. 

The Facebook IPO would be by far the largest of several that have taken place in the past few months, including business social network LinkedIn, music streaming service Pandora and social gaming specialist Zynga.

 

Do you agree?

 

Add your comment

We won't publish your address
By submitting a comment you agree to abide by our Terms & Conditions. Your comment will be moderated before publication.

Poll

IT priorities for 2012

What is the most important IT priority for your company this year?

99%

0%

1%

0%

0%

Connect with V3.co.uk

Sign up to our daily or weekly newsletters

Accurev

Top 5 software development challenges

This paper focuses on a series of best practices and techniques for development teams looking to improve their software development processes

Talend

Rubbish in, rubbish enterprise

Why good data management at all levels is essential in the modern business (video, 6mins)

Oracle Apps DBA

Our global consultancy client currently seeks a number...

Support Analyst x 1/2 (Apple Mac OSX/Windows) - Bristol/Bath

Support Analyst x 1/2 Skills: Apple Mac OSX, Windows...

Network Consultant - London - 55-65k

Network Consultant - London - 55-65k My client are...

Web Graphic Designer

A leading global provider of critical information to...

To send to more than one email address, simply separate each address with a comma.