Those who have been waiting in anticipation can sleep at night once again. Facebook is finally in the works of proposing an IPO this upcoming April (said to be one the largest ever). If successful this will set the value of the company to a whopping $100 billion.
However, some are already skeptical due to the recent trend in crashes of similar services. For example, professional networking site LinkedIn has seen a 36% decrease since in its IPO price since May. Facebook executives remain confident though as they will be entering the IPO with $4 billion in revenue, setting the bar quite high (usually companies opt for an IPO after they have made $1 million in revenue).
However, some are already skeptical due to the recent trend in crashes of similar services. For example, professional networking site LinkedIn has seen a 36% decrease since in its IPO price since May. Facebook executives remain confident though as they will be entering the IPO with $4 billion in revenue, setting the bar quite high (usually companies opt for an IPO after they have made $1 million in revenue).
http://online.wsj.com/article/SB10001424052970203935604577066773790883672.html?mod=WSJ_Tech_RightMostPopular
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