UPDATED: Facebook Files for IPO

BlogHer Original Post

Editor's update: Facebook has filed its IPO this afternoon, announcing it's seeking at least $5 billion -- which the San Jose Mercury News is describing as "smaller than expected." Are you surprised? -- Julie

Rumors that Facebook is planning to go public with a IPO (Initial Public Offering) next week are plentiful. Like everything Facebook does, an IPO from this company would set all kinds of records for big. The rumor is that the company will have an IPO of over $100 billion. That's six times more than Google's IPO 8 years ago.

Mark Zuckerberg

Mark Zuckerberg by Andrew Feinberg via Flickr

I've gathered some information about the Facebook IPO on Storify. It may load in the space below a bit slowly, so wait for it. If you don't see it within a reasonable time, try reloading the page.

Virginia DeBolt, BlogHer Section Editor for Tech
virginia.debolt@blogher.com
Virginia blogs at Web Teacher and First 50 Words.

Recent Posts by Virginia DeBolt

Comments

In order to comment on BlogHer.com, you'll need to be logged in. You'll be given the option to log in or create an account when you publish your comment. If you do not log in or create an account, your comment will not be displayed.