Facebook Prepares to Go Public: IPO Valued at $75 Billion-$100 Billion
The reigning king of social networking will soon greet the public equity markets. Facebook is preparing to file documents in preparation for an IPO, and, according to reports, the social networking giant will file a prospectus with the SEC sometime today. Facebook’s IPO is projected to be one of the biggest in history, valuing the company at a projected $75 billion to $100 billion dollars. The company’s stock has been trading in the private markets at a valuation of about $80 billion. In view of Facebook’s enormous public presence, some are anticipating a considerable IPO spike when Facebook’s shares begin…