UPDATED: Facebook Files for IPO
By Virginia DeBolt on February 01, 2012
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 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.
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