Feeds

Facebook IPO said to set value at $100bn

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

Intelligent flash storage arrays

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. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.