Facebook to reach a value of $100bn in 2012
Facebook is planning to launch onto the stock market in the second quarter of 2012 and it is expected that this initial public offering will take the company value of facebook over $100bn. YES! you read it right, 100 Billion American Dollars.
Facebook CEO Mark Zuckerberg
Facebook CEO Mark Zuckerberg has managed to keep his company off the stock market than many anticipated he would. However the growing number of shareholders in the company has forced him to change his mind. The company will be crossing the mark of 500 shareholders by the end of the year, which means it will be obliged to publish its finances in April.
However the critics suggest that this move will definitively increase the company potential to do major expands in the future in the current market while increasing the company value.