Tech

Facebook IPO: Could Facebook be worth more than $100 billion?

interns Contributor

Facebook is considering filing for an initial public offering this fall that could value the world’s largest social network at more than $100 billion, according to a report from CNBC.

“Some of the private markets that track Facebook shares have an implied recent valuation of about $85 billion,” CNBC reporter Kate Kelly said on the cable network Monday. “Now, up to you whether you put a lot of stock in that. These are fairly thinly traded markets, and let’s remember that as recently as January when Goldman Sachs made a well publicized private investment in Facebook, it was valued at $50 billion.

“But people who are on Wall Street and tend to track in this information tell me they think the IPO, if and when it happens, could value the company at north of a shocking $100-billion dollars.”

Full Story Facebook IPO: Could Facebook be worth more than $100 billion? – latimes.com