FACEBOOK, The social-networking website could file for its initial public offering (IPO) as early as Wednesday. This could coincide with the world-wide release of the Facebook Timeline, which is due to be made mandatory to all Facebook users soon.
According to Facebook.com Statistics, there are more than 800 million active users of the service and more than 50% of those users log onto Facebook everyday. Approximately 80% of Facebook’s users do not reside in the United States. Facebook is estimated to be worth between $75 to $100 billion. This all makes Facebook an attractive investment.
According to Sean Parker, creator of Napster and former president of Facebook, “CEO Mark Zuckerberg wants to keep the company private as long as possible to build it.” He also stated that “It is “inevitable” that Facebook will go public.”
The rumors and news stories are flying in anticipation of what could be “one of the largest IPO offerings in history,” as also stated by Sean Parker.
Here are a few videos from CNBC.com
Napster Co-Founder on Facebook IPO
The Facebook IPO is "inevitable" said Sean Parker, Napster co-founder in an interview at Davos on CNBC.com
Facebook’s biggest investor does not think there is a tech bubble, and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public. CNBC.com
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