Home  › Social › Social Media
facebook-seminar-carolyn-everson-3

Facebook IPO Set for May

  |  January 17, 2012   |  Comments

ATD reports the company is closing on a date for its public offering.

Facebook could be planning to launch its initial public offering (IPO) in May of this year.

A report from All Things Digital cited unnamed sources who said the company aims to go public in late spring. It said the offering is likely to occur over the third week of May.

It has long been known that Facebook is planning an IPO. In November, the company was reported to have been targeting the second quarter of 2012 for its stock offering.

An IPO from Facebook would be the largest from a technology firm in recent years, with recent valuations of the company reaching as high as $100 billion.

Rob Enderle, founder and principal analyst for the Enderle Group, told V3 that a Facebook IPO would also help to shape the future of the industry, as many firms will base their own IPO decisions on the outcome of a Facebook offering.

"This will be a huge bellwether. If it goes well, it will likely result in a wave of IPOs and could, in and of itself, signal a major market recovery," Enderle explained.

"If it fails, the opposite would also be true."

Facebook's anticipated IPO comes in the wake of a number of public offerings from web firms. Last year, social networking site LinkedIn saw its share price double within minutes of trading on the New York Stock Exchange.

Music streaming service Pandora Media's IPO also proved popular, though economic worries later caused the company's stock price to cool.

This article was originally published on V3.

Tags:

ClickZ Live San Francisco This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) brings together the industry's leading practitioners and marketing strategists to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, this year's comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!

ABOUT THE AUTHOR

Shaun Nichols

Shaun Nichols is the US correspondent for V3.co.uk. He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

COMMENTSCommenting policy

comments powered by Disqus

Get ClickZ Social newsletters delivered right to your inbox. Subscribe today!

COMMENTS

UPCOMING EVENTS

Featured White Papers

BigDoor: The Marketers Guide to Customer Loyalty

The Marketer's Guide to Customer Loyalty
Customer loyalty is imperative to success, but fostering and maintaining loyalty takes a lot of work. This guide is here to help marketers build, execute, and maintain a successful loyalty initiative.

Marin Software: The Multiplier Effect of Integrating Search & Social Advertising

The Multiplier Effect of Integrating Search & Social Advertising
Latest research reveals 68% higher revenue per conversion for marketers who integrate their search & social advertising. In addition to the research results, this whitepaper also outlines 5 strategies and 15 tactics you can use to better integrate your search and social campaigns.

WEBINARS

Jobs

    • Internet Marketing Campaign Manager
      Internet Marketing Campaign Manager (Straight North, LLC) - Fort MillWe are looking for a talented Internet Marketing Campaign Manager to join the...
    • Online Marketing Coordinator
      Online Marketing Coordinator (NewMarket Health) - BaltimoreWant to learn marketing from the best minds in the business? NewMarket Health, a subsidiary...
    • Call Center Manager
      Call Center Manager (Common Sense Publishing) - Delray BeachWanted: Dynamic Call Center Manager with a Proven Track Record of Improving Response...