The Wall Street Journal’s golden box of anonymous sources has rattled once more, this time with news that Facebook is finally going public. Now that’s cooler than a million dollars.
Says the Journal:
Facebook could file papers for the IPO as early as this coming Wednesday, but that timing is still being discussed, said a person familiar with the matter. The company is currently looking at a valuation of $US75 billion to $US100 billion, this person said.
Will it happen? We don’t know. The WSJ is well-sourced when it comes to this stuff, and the IPO is inevitable, maybe! What do you think — and will you buy a slice? [WSJ]
Eccentricsoul
Saturday, January 28, 2012 at 9:54 AMMaybe a couple of years ago I might have been tempted, but I think it’s on a slippery slope right now.
Kelvin
Monday, January 30, 2012 at 5:33 PM100% agree, facebook has peaked and what goes up must come down.
Steve
Saturday, January 28, 2012 at 5:02 PMI despise Facebook and hope to see the day it crashes and burns never to return