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Facebook IPO could hit the market next year

Investing in Facebook? It could happen
| Business, Financial & Legal News | Posted: Jan 22, 2011 5:12 am

Facebook's worth a ton of loot; we all know that. The latest reports estimate Zuckerberg's empire at around $50 billion. The new piece of news that was unleashed today is that Facebook has a timeline for going public: April 2012.

 

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While the idea of owning Facebook stock sounds a little odd when you first think about it, the company is big business and is expecting to pass 500 shareholders at some time this year, which will require the company to start filing public financial reports. This will most likely result in a Facebook IPO hitting, which makes sense for the company if it continues growing at this staggering rate. Imagine; hitting the Like button to keep your investments profitable!

 

NEWS SOURCES:Techcrunch.com

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