Facebook IPO valued at more than $100 billion, set for first quarter of 2012

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Adolf Desjardins

14 June, 2011

Social networking giant Facebook is expected to go public in the first quarter of 2012. Valued at more than $100 billion, Facebook has to comply with the rules of the US Securities and Exchange Commission.

REPORTS FROM CNBC stated that the world’s largest social networking site Facebook will soon be filing for initial public offering (IPO). If the offering materialises, Facebook will move on to become a social networking site with a value of over $100 billion.

Facebook plans to go public during the first quarter of 2012 as it is undoubtedly one of the most closely observed private companies. Interestingly, the Securities and Exchange Commission of the United States asserts that once a privately held company has more than 500 investors, as per the rule, it should release the quarterly financial standings of the company.

On the plan, a CNBC reporter told a local cable network in the United States that some of the private markets that track Facebook shares have an implied recent valuation of about $85 billion. Now, up to you whether you put a lot of stock in that. These are fairly thinly traded markets, and let's remember that as recently as January when Goldman Sachs made a well publicized private investment in Facebook, it was valued at $50 billion.

She further stated that, "But people who are on Wall Street and tend to track in this information tell me they think the IPO, if and when it happens, could value the company at north of a shocking $100-billion dollars." Since the news broke out Facebook officials denied sharing details of the much anticipated IPO.