Around the Net
Facebook Flirts With IPO
- The Wall Street Journal, Monday, January 30, 2012 1 PM
Will Wednesday become the day that Facebook files for an initial public offering (IPO) with the U.S. Securities and Exchange Commission? Several factors, such as investor demand for social media, the IPO market, and the health of the European economy, will drive the valuation value. The estimates suggest the company will become worth about half of Google's worth and about the same as McDonald's.
