Andre Yoskowitz
13 Jun 2011 14:44
CNBC has said today that the social networking giant Facebook will file for an IPO as early as October, with a $100 billion valuation.
The company would then go public in the Q1 2012, possibly even in January.
Facebook has not confirmed the news, yet, but their COO did call an IPO "inevitable" just last week.
Perennial money losers Groupon and LinkedIn have filed for IPOs in the last month with massive valuations and gaming behemoth Zynga is expected to go public later this year, as well.
Facebook has 600 million global users.