SEO News
Search

Facebook Would Like to Launch IPO in May

V3 reporter Shaun Nichols
by , Comments

Facebook LogoFacebook could be planning to launch its initial public offering (IPO) this May, according to a report from All Things Digital. The social network is looking to go public in late spring – likely during the third week of May, according to unnamed sources.

It has long been known that Facebook was planning an IPO. In November, the company was said to have been targeting the second quarter of 2012 for its stock offering.

An IPO from Facebook would be the largest from a technology company in recent years, with recent valuations of the company reaching as high as $100 billion.

Rob Enderle, founder and principal analyst for the Enderle Group, told V3 that a Facebook IPO would also help to shape the future of the industry, as many company's will base their own IPO decisions on the outcome of a Facebook offering.

"This will be a huge bellwether. If it goes well, it will likely result in a wave of IPOs and could, in and of itself, signal a major market recovery," Enderle said. "If it fails, the opposite would also be true."

Facebook's anticipated IPO comes in the wake of a number of public offerings from web firms. Last year, social networking site LinkedIn saw its share price double within minutes of trading on the New York Stock Exchange.

Music streaming service Pandora Media's IPO also proved popular, though economic worries later caused the company's stock price to cool. And Russian search engine Yandex also went public.

This article was originally published on V3.


ClickZ Live San Francisco This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) will bring together the industry's leading online marketing practitioners to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, the comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!

Recommend this story

comments powered by Disqus