Myspace to go public in
Facebook might finally be laying Pandora Charms Online down the groundwork for a long awaited initial public offering, long expected to occur sometime after april 2012.
The wall street journal is reporting that the world's largest online social network is doing research on raising as much as $10 billion in its ipo.The journal cited people no stranger to the matter but did not identify them by name.
The amount would value facebook at approximately $100 billion.That's more than four times the market capital that google inc.Had whilst its 2004 Pandora Birthstone Beads ipo.
(The $100 billion value for the is bigger than the $10 billion ipo price because facebook will Pandora jewellery sale only sell about 10 per cent of group to the public initially.The remained 90 per cent will remain privately owned for now. )
Federal rules require companies with at least $10 million in assets and most 500 shareholders to disclose its quarterly financial results and other details.The reporting requirement kicks in 120 days after the fiscal year in which a company exceeds the shareholder threshold the first time.
Facebook's economical year ends dec.31, So it would have until late April 2012 to comply with this responsibility, Having hit the limit this year.
Fast growthfounded in a harvard dorm room in january 2004, facebook has tried to hold off on an ipo to pay attention to building its product rather than pleasing investors.But the coverage rules, along with early employees and investors eager to benefit from their stock, are depositing it in a bind.
A slew of smaller internet and social media companies have been trickling on to the public stock game this year.Specialized online network linkedin corp.Was the first one to test the waters in may.Consequently, the webs deals site groupon inc, on the web radio station pandora media inc.While others have gone public.The more, such as reviews site yelp inc.And the match company zynga inc, are intending to do so.
Though hotly presumed, newest crop of internet ipos has not gone smoothly.Groupon's stock is now business below its ipo price.It off at $15.24 on saturday, Lower 23.8 percent from its $20 IPO price.Pandora in addition has fallen below its ipo price, albeit linkedin, among the few that has been profitable, continues to be well above it.
An email seeking comment from facebook or myspace, could be based in palo alto, calif, was not immediately returned stock exchange.Facebook has declined to comment on ipo questions in the past.
Source: please click
Related Articles:
Linked Articles
http://jewellerys.inube.com/blog/3915202/pandora-beads-cheap-smaller-businessman-replied/
http://angejolie.blogtur.com/12123627/pandora-jewelry-on-sale-have-been-rekindled-and-this-may.html
http://www.blogoox.com/charmlhby/article_30727.html
:: بازدید از این مطلب : 1262
|
امتیاز مطلب : 2
|
تعداد امتیازدهندگان : 1
|
مجموع امتیاز : 1