I'm going to try to write this entire post while wearing my touchscreen gloves. READY GO!
So, the Facebook IPO. The Wall Street Journal said yesterday that Facebook's looking at a launch window from April to June 2012. The company, under the leadership of founder Mark Zuckerberg, is currently discussing its public market debut and trying to decide on the timing of the IPO--which, according to the report, may still arrive in 2011. WSJ said Facebook may seek to raise up to $10 billion in a deal that would put the company's value at $100 billion. (If you've been holding onto that "what's cooler than a million dollars" joke, fire at will, amigo.)
Reactions to the Facebook IPO rumors have been mixed: Some are excited about the company's future, while others see a pattern in the previous few Internet IPOs. Groupon, Pandora, and LinkedIn have all gone public recently; none has achieved major success. Will Facebook be able to turn the trend around? That, and the real story of the Facebook IPO, remains to be told.
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