Facebook 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.
Related reading
7 social media monitoring tools to check out in 2019
New year, new chance to check out cool new toys. Here's a roundup of seven social media monitoring tools that could revamp your 2019 strategy.
Four ways to use webinar marketing for reputation management
Webinar marketing has grown in popularity for loads of reasons. One way it's quite useful is for reputation management. Here are four tips for how to do it.
Tips to maximize ROI on paid social: Facebook + Instagram
As demand for ad impressions on social media increases, marketers need to take extra steps to optimize campaigns and maximize their ROI for paid social.
How to scale your social media marketing to build traffic and leads
Scaling social media can be risky because it's about human connection. Here are 3 pieces of the puzzle you should scale -- and two things you shouldn't.
