Facebook is settings and getting ready for the Initial Public Offering expected to be out on May 17, 2012. As per a report by
Tech Crunch SEC (Securities and Exchange Commission) will decide and agree on it only after making sure all the paper work are in order including the recent
acquisition of Instagram.
The normal procedure for filing IPO documents and getting it reviewed by SEC may take three to four months.
This IPO is expected to be the largest of its kind where Facebook will be valued at $40 a share or $100 Billion in total.
Also Many factors are considered as they may prove problematic and raise hurdles into the way first being the collapse of European Economy, second being oil crisis or the assassination of Archduke Franz Ferdinand of Austria.
Lets hope for the best. What do you think, will Facebook be able to go public this may. Leave comments and suggest ideas of your own.
Source [Tech Crunch]
Image via [Washington Post]
About Mohit Kumar
Mohit Kumar is Founder and Editor - in - Chief who's passion for Technology and Social Media gave birth to The Geek Solutions in 2011. Majorly he writes on Social Media and Current Happenings in the Tech World. He is a Post Graduate in Business Management and a hardcore geek who started blogging as his idea to be updated made him to share what he gets to know.
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