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January 29, 2012 02:05 pm

Facebook Expected To Go Public Next Week


First time accepted submitter foozie writes "Many credible sources, including Forbes and CBS, say that Facebook will finally IPO next week, raising about $10 billion and valuating at $75 billion, almost three times the valuation of Google at the point of their IPO in 2004. This shift raises questions about how the new ownership will affect the company's ability to innovate and remain on the forefront of social media."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/aHUIpbCkg9E/facebook-expected-to-go-public-next-week

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