Wednesday, December 7, 2011

Wall street: Facebook Plan IPO Next year


Mark Zuckerberg (thesocialbazaar.com)Facebook Inc. plans to become public company started next year. Although has not there are schedule definitive, emerges news that Facebook would listing of Wall Street share between Aprils and June 2012.

The news published by daily of business The Wall Street Journal as well as cited [by] press agency Reuters. According to report from source of anonym, Facebook targets revenue around US$10 billion after go public (IPO) in next year.

Sources which close to plan IPO Facebook lays open the social media company has not decided bank will which be involved in process of go public.

Head of Finance Executive (CFO) Facebook, David Ebersman, has opened discussion with banker circle in Sicilon Valley about plan IPO. But founder at the same time head Executive Corporate (CEO) Facebook, Mark Zuckerberg, has not given decision about detail of IPO.

Build at 2004, the social network is believed has is valuable more than US$100 billion.

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