Facebook Reportedly Filing $5 Billion IPO Today

hypnosec writes "Today is the day when Facebook may be submitting all required paperwork to regulators for its $5 billion initial public offering. According to the source close to the deal, Facebook has selected Morgan Stanley along with four others — Bank of America Merrill Lynch, Goldman Sachs, JP Morgan and Barclay's Capital to handle this IPO. Morgan Stanley will be taking "lead left" role in this supposedly biggest IPO from Silicon Valley. According to International Financing Review, the preliminary target of $5 billion will be increased by many folds in coming few months as a response to the demands of investors. Sources close to this matter disclosed that this might turn out to be defining moment for current web investments. The deal might rise to $10 billion which eventually will make Facebook a social networking empire valued between $75 billion to $100 billion. In fact, $75 billion is definitely an undervaluation compared to previous expectations."

Comments

Well it's hot and techy, what could go wrong?

[elrous0]

Time to tap into the kids' college fund. They can thank me later.

Re:Well it's hot and techy, what could go wrong?

[Anonymous Coward]

That's only a P/E of 400. Seems reasonable.

Re:Well it's hot and techy, what could go wrong?

[Beardo the Bearded]

Mark, get a fucking /. account already.

Countdown to the Social Media Bubble Pop

[GameboyRMH]

Everybody put on your silly glasses and get drunk!

Re:Shares

[fuzzyfuzzyfungus]

No; but all the shareholders who aren't major investment banks get their dividends paid out in ZyngaCash and/or Facebook Points...

Re:How do the investors get paid?

[grub]

Facebook reportedly has, what, 10% of the world's population? What's its growth model from here?

Farms. Lots and lots of farms.

Re:$225

[Hognoxious]

Should be a bull market.

I think you're about half right...