Anyone Investing in Facebook?
Is Facebook sustainable?
Facebook announced this week that it anticipates filing for its much anticipated initial public offering, or IPO, as early as this Wednesday, 1 February 2012. It is estimated (by some very smart people) that the company could raise $10 billion (that’s US$, and with a “B”), which would give the company an immediate market capitalization ranging between US$75-100 billion. To put this in perspective, the Washington Post compared this to other discussion-worthy IPO’s, which shows that Facebook is in impressive company: