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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

June 13, 2011 at 11:25 AM

Report: Facebook IPO in early 2012, for $100 billion+

Social networking giant Facebook should finally go public in early 2012 with a valuation of more than $100 billion, according to a brief CNBC report citing “people familiar with the matter.”

It said the company is likely to start filing SEC disclosure reports at the end of this year, a requirement once it has more than 500 investors.

An excerpt:

Facebook is also facing internal pressure from current employees who, because of internal restrictions, cannot sell their private shares on the secondary market, according to these people.

I wonder if it will list as FB.

One beneficiary of the stock offering could be Microsoft, which invested $240 million in Facebook in 2007, receiving a 1.6 percent stake in the company.

At the time, the deal valued Facebook at $15 billion. Now it’s approaching the value of Microsoft, which has fallen to $203 billion with the stock at $24. Maybe investors aren’t factoring in the Facebook stake.

Comments | Topics: Facebook, facebook ipo, Microsoft

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