(Image source: Facebook)
BY EVAN THOMAS
ANCHOR LAUREN ZIMA
You're watching multisource video news analysis from Newsy.
Ready to own a piece of the Social Network? All Things Digital is reporting Facebook’s IPO is coming in May.
“That’s if there are no issues, of course, such a turbulent market or thornier-than-usual questions from regulators that require amending the filing.”
And VentureBeat says Facebook’s deal will likely draw a lot of scrutiny. Facebook is huge-- more than 800 million people use the social network, to say nothing of the money involved.
“Facebook’s IPO is expected to be one of the largest technology-focused deals ever, with a rumored $10 billion offering on a $100 billion valuation.”
Shayndi Raice talked to Mark Zuckerberg for The Wall Street Journal. She says even with those big numbers looming, Zuckerberg is still focused on the user experience.
“What’s really important to him is the product.... his thinking behind it is that if he can build great products that will drive users to the site, that’s good for the business.”
ZDnet thinks that’s a good strategy, especially since last year’s tech IPOs were less than stellar.
“The focus should instead be on the company itself. Can the company that will have an estimated 1 billion users by this time next year succeed, and continue to thrive?”
That may depend on the Securities and Exchange Commission-- review of an IPO usually takes three to four months.
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