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]