IPO Facebook, More Become Giant Technology Company

Facebook reportedly ready to submit initial public offering (IPO) document on Wednesday this week. They also predicted to be one of the technology companies with largest value.

Facebook IPO projected could rake in funds U.S. $ 10 billion. Based on a report in The Wall Street Journal, the company founded by Mark Zuckerberg is estimated at around USD 75-100 billion.

With big market cap, Facebook is only defeated of several technology companies. I.e. Apple (AAPL, USD 416 billion), Microsoft (MSFT, USD 245 billion), IBM (IBM, USD 224 billion), Google (GOOG, USD 186 billion), Oracle (ORCL, USD143 billion), Intel (INTC, USD 136 billion), and Cisco (CSCO, CNY 105 billion).

The timing of the IPO itself still discussed. Facebook reportedly has selected Morgan Stanley to become major underwriter’s alias lead underwriter for corporate actions sell these shares. Goldman Sachs also estimated to have an important role in this IPO.

Facebook IPO is expected to be the biggest debut in the history of the United States Internet company, beat Google. Until recently, there has been no official statement from Facebook regarding schedule handover of IPO documents.

Facebook itself believes when it later became a public company, they will create more jobs and social change. As said by Sheryl Sandberg, Facebook COO.

"Facebook was only seven years old and has 3,000 employees, this site has been created more than 450 thousand jobs in Europe and the United States," said Sandberg.

Sandberg hope Facebook can continue to grow and open more job opportunities around the world. Similarly, as reported by CNBC and quoted on Monday (1/30/2012).

Related Post: