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Facebook IPO pushed back from late 2011/early 2012 until late 2012

Facebook will go public sometime in 2012, but the company's first-quarter IPO goal will reportedly be pushed back until late 2012. 

Financial investors were cautiously optimistic that the No. 1 social networking site would offer a public IPO sometime in 2011. However, a turbulent economy and other factors are playing their part. 

Investors also believe Facebook could 
have a record IPO once it goes public, with the company's 2011 revenue increasing to $1.6 billion. Facebook has been valued near $66.5 billion, though that number has fluctuated upwards of $80 billion. 

"There's really no reason to rush a deal," noted Lise Buyer, financial consultant, in a statement with the FT. "The company doesn't need the money. it is a little easier to focus when you're private. They'll go when they're good and ready, not before." 

Also, there will be no immediate need for investor conference calls and other nuisances related to running a public company. 

Facebook CEO Mark Zuckerberg has more interest in the company's employees developing new features for the social networking site -- a public IPO launch could be distracting because of Facebook's expected high value. 

Other tech companies have also decided to wait for public IPOs, citing a volatile economic outlook as a leading factor. As such, Zuckerberg's decision to wait because of employees looking to cash in -- and other distractions with a public IPO -- may be a wise choice at the moment.



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It could be a bad idea...
By jr9k on 9/15/2011 4:06:01 AM , Rating: 2
... if Google+ gains market share in the meantime.




RE: It could be a bad idea...
By TSS on 9/15/2011 6:59:22 AM , Rating: 2
IMO, Google+ is a faillure. They are trying to create a new platform that then has to be intergrated with everything, which facebook already is, while not offering any significant improvements over facebook.

The only thing they did better is privacy. But since google's entire business model is making money off your personal info, i'm just as distrustfull of google as i am of facebook in that regard.

Facebook will be in trouble however if google decides to abandon google+ (stupid name anyway) and intergrate it's extra functionality into youtube. They already have a wonderfull, social platform in youtube where messages can be put up both in text and in video format. It's intergrated in alot of things already.

The next step would be developping live streams for youtube (plenty of sites that offer life streaming from home PC's i dont know why youtube hasn't jumped on this yet) and then intergrating youtube with android phones. Basically allowing you to instantly record a message via your camera phone and stream/upload it to youtube, rather then type a message on your phone and upload it to facebook/twitter. So facebook could offer only text while google could offer text and video. That's a killer app right there. Anybody with a smartphone could become a journalist.

But considering there hasn't been any indication for such an development i'd say the current owners of facebook will be just as rich in a year as they are now, and probably alot more so. In fact, i'd give an high chance of this functionality being developped past 2012 so going public in summer 2012 would be the ideal moment. Going public now they wouldn't make as much as after another year of unchallanged growth.


RE: It could be a bad idea...
By jeepga on 9/15/2011 8:07:29 AM , Rating: 2
I have to agree. I forgot about my Google+ account entirely until I read this post. I was getting frustrated with getting people over. It's not simple and then I had some people report that they get a message that they're no longer excepting invites. It seems like Google doesn't realize they have competition in this space.


Bad move
By Shadowmaster625 on 9/15/2011 9:18:02 AM , Rating: 2
We just crossed the threshold into a bear market. Now is the time to unload on the dupes and the rubes. Right Now. Not 6 months. Not one year. Right Now. Even Priceline stock (the bubble king) is forming a topping pattern.




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