Reid Hoffman

Facebook considers $10 billion IPO valued at $100 billion

Tue, 2011-11-29 10:32 - By  

According to industry insiders, Facebook is set to roll out its IPO next year . The company is said to be targeting 2012's second business quater for its shares to go public. According to Bloomberg, Facebook is currently considering a $10 billion Initial Public Offering valued at more than $100 billion.


Decision to float Facebook may result in biggest consumer technology public offering in history

Mon, 2011-11-21 11:36 - By  

According to Reid Hoffman, Facebook investor and co-founder of LinkedIn, Mark Zuckerberg will choose to float Facebook next year. "Going public would benefit Facebook in lots of ways - namely having public currency to do acquisitions. So Mark [Zuckerberg] might as well get the benefit as well as the cost. Given that logic - I would suspect that some time in first half of next year, he will engage in the IPO process" said Hoffman.


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