Many sources are saying that Facebook is looking to have their IPO out on May 17th and depending on if the SEC agrees then all we are looking for is some paper work to be put in order. This does follow reports that said the company was going to have its IPO on NASDAQ in the third week of May and this was also reported on CNBC about the company going public between the 17th or the 24th. Facebook is going to be valued at around $100 billion dollars which is currently reflecting the levels of trading in the secondary markets. Some reports are even saying that they want to raise $10 billion at a $100 billion valuation. So will Facebook get what they want or will they fall short of the evaluation expectations or will the billion dollar baby shine? We should hopefully find out on May 17th.
