Countdown for a Facebook IPO by April, 2012
Today, Facebook announced that it raised a total of $1.5 billion in its latest round, also reading careful at the bottom of its press release, it sets a date for when it expects to start filing public financial reports:
Even before the investment from Goldman Sachs, Facebook had expected to pass 500 shareholders at some point in 2011, and therefore expects to start filing public financial reports no later than April 30, 2012.
They not necessarily need to go public to report financial publicly, but I don’t see reasons to start doing that if they are not preparing a IPO. Looking the news there are comments from Facebook spokesman saying the company has no plan for IPO at this time, and many analysts agree saying right now is not a good time, but next year maybe.
Will be fun to see a 50 billion dollars valuation company, based on social network doing IPO next year.
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