Welcome to WebmasterWorld Guest from 54.242.224.250

Forum Moderators: rogerd

Message Too Old, No Replies

Report: Facebook To Put Off IPO Until 2012

     
2:01 pm on Jul 30, 2010 (gmt 0)

Administrator from GB 

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:May 9, 2000
posts:23248
votes: 358


Report: Facebook To Put Off IPO Until 2012 [businessweek.com]
Facebook Inc. will probably put off its initial public offering until 2012, giving Chief Executive Officer Mark Zuckerberg more time to gain users and boost sales, three people familiar with the matter said.

Facebook would benefit from another year of growth absent the added scrutiny that comes with a public listing, instead of holding an IPO in 2011 as investors speculated, said the people, who asked not to be identified because Facebook doesn’t discuss share-sale plans. Still, Zuckerberg, who holds board control, could push for a stock sale at any time, they said.

2:42 pm on July 30, 2010 (gmt 0)

Senior Member

WebmasterWorld Senior Member billys is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 1, 2004
posts:3181
votes: 0


>>said the people, who asked not to be identified because Facebook doesn’t discuss share-sale plans.

That's pretty funny.
 

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members