It’s become clearer in recent years that social networking is the way of the future. It has influenced people’s personal and work lives, but will it now influence the way they invest their money?
Just this year, Linked In went public on the NYSE, opening at $35 a share and increasing to a jaw-dropping $90 a share in just a few short days. Investors were clamoring to get a piece of the social networking pie and this wasn’t even the big daddy of them all.
There has been whispers of Facebook throwing their hat into the ring of IPOs, but there was no solid evidence. After all, the creator of this life-changing site is infamous for wanting to keep things private in regards to ownership. However, new information released this week claims that Facebook will go public in 2012.
It appears the company is looking to file for initial public offering as early as October or November of this year with Goldman Sachs looking to manage the offering. Facebook which is valued at around $50 billion, would then become public in the first quarter of 2012.
There is no idea yet about how much the shares will be offered for but Facebook is looking to could increase its value to $100 billion after going public. It is amazing how one company has taken over the world in such a short time. We will see how this will affect the stock trading and Forex Trading markets.
Investing on the ground floor of this could pay off in the end. Where’s the “like” button?