Facebook ‘$100 Billion’ Giant IPO Headed for May

Posted on Jan 16 2012 - 5:17pm by Editorial Staff

Possible chances seem to be there that, Facebook, World’s largest social network, IPO is likely to come in the third week of May, report confirms.

Mentioning multiple sources, All Things D mentioned that social networking giant will file its public offering somewhere by next month, given the review by the SEC, the whole process will takes three to four months.

The report also indicates that the timing could fluctuate. The IPO planning could all change in a New York minute to another month. Earlier also the IPO date for Groupon filed for its IPO in early June, but did not go public until five months later in November.

Facebook IPO is in the news from a very long time and now speculations are rising in the market that with the coming of the $100 billion IPO, it is going to be one of the ten biggest IPOs of all time and the largest for any technology company. The company’s representative could not be reached on the report.

Curious to know how much the world’s largest social network is worth (Inforgraphic).

(Image Source: Facebook like, Facebook Money, Featured Image)

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.