Feeds

Zuck plots carefully considered Facebook IPO

Silence, bitch... This $100bn valuation is serious business

Beginner's guide to SSL certificates

Mark Zuckerberg seems to want Facebook's public debut to be as dull as his bluey-grey t-shirts. The dominant social network is widely expected to file regulatory documents with the US Securities and Exchange Commission later today. But the company's CEO is reportedly hoping to play down the whole affair.

Kara Swisher over at All Things Digital reports that this conservative approach on the road to an IPO is due to Zuck wanting to "minimise a bubble atmosphere around the event".

In the run-up to what is the most anticipated initial public offering from a tech company since Google's, observers citing those all important people-what-know-stuff-on-the-inside have repeatedly made that bubble awfully big.

Some suggest that the valuation of Facebook could be as high as $100bn: an impressive figure for a company that Zuckerberg started in his dorm back in 2004 at the tender age of 19.

Reports in the past few months have pointed at Facebook having raised somewhere in the region of $10bn for its offering.

According to International Financing Review, the IPO submitted to regulators almost certainly within the next few hours will in fact initially seek to raise $5bn for the offering, with that number increasing if investors pile in.

As for that $100bn valuation, there's little point in anyone accepting such a bullish figure right now. It is well-imformed guesswork about a privately held company with a userbase of 800 million people that can expect intense scrutiny from its shareholders once it does go public. Only then we will really know if it does indeed make Apple "look really cheap". ®

Beginner's guide to SSL certificates

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
'Internet Freedom Panel' to keep web overlord ICANN out of Russian hands – new proposal
Come back with our internet! cries Republican drawing up bill
What a Mesa: Apple vows to re-use titsup GT sapphire glass plant
Commits to American manufacturing ... of secret tech
prev story

Whitepapers

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.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
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?