Science & Technology
Facebook Is Ready To Sell Shares Next Week
Facebook Is Ready To Sell Shares Next Week
Morgan Stanley will most likely be designated be underwriters. Facebook, social networking website with over 800 million active users, is ready to offer the IPO (INITIAL PUBLIC OFFERING) next week for US $ 10 billion (USD 89,6 trillion). As for, which is set up valuation company founded by Mark Zuckerberg that ranged from US $ 75 billion and US $ 100 billion, so page Wall Street Journal.
Giant realm of virtual worlds was most likely appointed Morgan Stanley as the underwriters. However, a spokesman from Facebook and Morgan Stanley still refused to comment about the news of the IPO.Earlier, a people who refused to be named said that Facebook is planning to hold IPO between April to June 2012. An offer of US $ 10 billion it became the fourth largest in the back of Visa Inc., General Motors co., and AT & T Wireless. However, associated with the Internet industry, the offer it would be the largest, well above the Google with US $ 1.9 billion in 2004.
The valuation was US $ 100 billion it puts Facebook aligned with McDonalds. While in comparison with Google, Facebook is worth barely half of it. Mark Zuckerberg started his business in 2004 from a dorm room at Harvard University, United States. About 500 million users access the site with a routine every day.
