Social media giant Facebook may offer public stocks.
Loyal Facebook followers may have another reason to like the social media giant. A recent report from the Wall Street Journal is that Facebook is looking to offer their first initial public stocks next year. They are looking to raising $10 billion in hopes that the public stock offering will value the company at more than $100 billion. Facebook says that they are currently at more than 800 million members within their seven years of growth. According to the journal it is expected that a formal S-1 filing could be submitted before the end of the year. Read full article.
Loyal Facebook followers may have another reason to like the social media giant. A recent report from the Wall Street Journal is that Facebook is looking to offer their first initial public stocks next year. They are looking to raising $10 billion in hopes that the public stock offering will value the company at more than $100 billion. Facebook says that they are currently at more than 800 million members within their seven years of growth. According to the journal it is expected that a formal S-1 filing could be submitted before the end of the year. Read full article.
