Two weeks after Facebook hit the boards on Nasdaq, Zuckerberg witnesses how the IPO of the social networking giant contributes adversely to his fortune.
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Facebook is apparently planning to go public on May 17, at an expected valuation of around $100 billion.
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Reports coming in state that the social netwoking giant Facebook, which is going to offer its shares publicly this year, has reportedly chosen NASDAQ over the New York Stock Exchange (NYSE) for its listing. It is said that the company will trade under the ticker symbol “FB.”
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Facebook’s valuation jumped to $102.8 billion in its last secondary market auction on SharesPost before the IPO.
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Facebook may finally be going public in May 2012. It recently filed its S-1 statement, and halted secondary trading of its shares just this week.
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Facebook has finally filed for an IPO. Here’s the most interesting stuff from its S-1 filing.
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Morgan Stanley is going to be the lead underwriter on the upcoming Facebook IPO. Facebook plans to raise around $5 billion at a $100 billion valuation.
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Facebook is apparently going to file papers for its IPO on February 1. It will be raising $10 billion at a valuation of up to $100 billion.
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Facebook may finally go public in May 2012. It is expected to go public at a valuation of $100 billion, and will likely file its IPO S-1 documents by February.
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Zynga went public on Friday, and made a disappointing debut, ending 5% below the offer price.
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Zynga will commence its IPO roadshow on December 5. It is expected to raise nearly $1 billion at a valuation of around $15 – $20 billion.
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Groupon, which despite all odds, had a successful IPO, with its stock price reaching a high of $31, has dropped nearly 35% in the last two days. It is now trading at just $17, 15% below its offer price.
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Rumors that Facebook will be going public soon have been rekindled by a news report which claims that Zuckerberg said that the Facebook IPO is coming.
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Zynga, the creator of Farmville and Mafia Wars has filed its S-1 with the SEC. It aims to raise $1 billion at a $20 billion valuation.
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Facebook is now worth $56 billion, going by the latest auction at SharesPost, where Facebook stock was traded at $25 per share. It has risen almost 77% in 3 months.
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