Feeds

Zuck plots carefully considered Facebook IPO

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

The next step in data security

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". ®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.