Question Details

How much will Facebook raise going public?


Settled on 05/19/2012 20:51 Settled by


In the end, after launching the biggest IPO in Internet history, raising $16 billion dollars, Facebook's stock ended the day...barely changed.
http://news.cnet.com/8301-1023_3-57437440-93/facebook-ipo-after-the-hype-a-ho-hummer/
Predictions
Background
Facebook Inc. is inching closer to an initial public offering that it hopes will value the company at more than $100 billion, according to people familiar with the matter.
The social networking firm is now targeting a time frame of April to June 2012 for an initial public offering, said people familiar with the matter. The company is exploring raising $10 billion in its IPO—what would be one of the largest offerings ever—in a deal that might assign Facebook a $100 billion valuation, a number greater than twice that of such stalwarts as Hewlett-Packard Co. and 3M Co.
http://online.wsj.com/article/SB10001424052970203935604577066773790883672.html
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