Question Details

How much will Facebook raise going public?

How much will Facebook raise going public?

Asked by: Super Userkruijs in Business » Deals
Settled on 05/19/2012 20:51 Settled by Super Userkruijs
Winning option:0.5 billion or more The hype was too much to live up to.

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

less than $9 billion
2.6%
$9 to less than $9.5 billion
10.2%
$9.5 to less than $10 billion
2.1%
$10 to less than $10.5 billion
2.6%
$10.5 billion or more
82.6%

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

Find similar: facebook

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   Super Userzvassil

http://www.bloomberg.com/news/2012-05-14/facebook-ceo-focuses-investors-on-mobile-strategy-as-ipo-nears.html
Facebook CEO Focuses on Mobile Strategy as IPO Nears

...The company plans to stop taking orders for the IPO after U.S. markets close tomorrow, two days ahead of schedule, according to a person with knowledge of the transaction...

kruis: How about we suspend at the same time, just to make things more interesting? ;)

   Super Userkruijs

Facebook IPO ‘Feels Like 1999’:

Facebook plans to raise as much as $12 billion in its upcoming IPO, pricing shares between $28 and $35 apiece. That could value Mark Zukerberg’s eight-year-old website at a staggering $96 billion.

The frenzy surrounding Facebook’s IPO is reminiscent of the technology bubble of the late 1990s when investors blindly bought into the tech story ignoring fundamentals, analysts tell CNBC.

http://www.cnbc.com/id/47290245

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