Nasdaq: Facebook Listing Could Trigger IPO At Large Scale

Posted on May 11 2012 - 6:55am by Karan Chopra

With Facebook giant IPO is just round the corner, Nasdaq looking forward to a spike in the number of companies going public in the near term as in the urge to take advantage of Facebook’s listing next week.  “Facebook is obviously the most anticipated IPO in history and once that IPO comes out, I’m sure we’ll see several companies look to take advantage of that market,” Bruce Aust, executive vice president of Nasdaq’s Global Corporate Client Group, said in a presentation to analysts.

“I go out there pretty much every other week because it is a huge opportunity when we look at what’s going on with social media, what’s going on with Apple and the applications and the ecosystem that is being created by that, and the gaming industry that is being created by social media.” He added, “There is just tremendous opportunity and we’re meeting with 20 or 30 companies a week.”

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Karan Chopra, CEO at G2One Network An Internet Media Company), Founder at 99DollarWebsite and Editor/Writer at I2Mag, JustWP.org, CodeAndMe.net, TechEXplained.org, JustInfo.Graphics, HowToWebDesign.org, NextBigProduct and WPLove.co. Karan is an internet enthusiast, who loves to explore every second thing in both technology and business. You can find him on Facebook , Twitter and Google+.