Feeds

Facebook IPO said to set value at $100bn

Find out in April. Or May. Or June – unless the eurozone implodes

Build a business case: developing custom apps

Facebook is planning to go public sometime between April and June of next year in an IPO that would value the company at over $100bn.

So say The Wall Street Journal's ever-chatty "people familiar with the matter".

The same worthies told the WSJ that Facebook CEO Mark Zuckerberg hasn't yet finalized the IPO, that the date for a possible SEC filing hadn't yet been nailed down, but that the company had "crafted an internal prospectus" and is thus ready to pull the trigger when the time is right.

And it doesn't take the WSJ's pfwtm to guess what's holding up a final decision, what with the stomach-churning roller coaster that the US stock market is currently riding, coupled with the "We're all going to die!" fiscal terror that's roiling the eurozone these days.

If the planets align, however, the IPO – which the pfwtm say will be structured to generate $10bn in cash for Facebook – should set Facebook's value at comfortably over $100bn.

To put that figure in perspective, at the close of trading on Monday chip giant Intel was worth $115.6bn, Cisco was valued at $93.5bn, and HP's market valuation was a mere $51.2bn – and those three companies actually manufacture products.

But in a world in which a coupon peddler's IPO can set its value at around $15bn, a $100bn valuation for Facebook doesn't seem out of the question.

Insanely bubbly, possibly, but not unimaginable. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.