Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 15, 2011 10:05 am

Facebook To Put Off IPO Until Late 2012

jfruhlinger writes "Facebook's whispered about IPO is one of the most anticipated in the industry — but it looks like we'll have to anticipate it for a bit longer. The Financial Times, quoting anonymous sources, says that it won't happen until late next year. Those source say that the purpose is to keep Facebook employees focused on product development, but it seems more likely that Facebook's bankers aren't happy with the company's numbers (or the economy's prospects)."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/22i17JBjQVY/Facebook-To-Put-Off-IPO-Until-Late-2012

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot