Social networking site Facebook is planning to start its IPO roadshow this May only.According to sources if the meetings with bankers go as planned, the company could IPO as soon as May 18.
The Wall Street Journal notes that Facebook could sell as much as $10 billion in shares, valuing the social network at $100 billion .It can be a more than remarkable number for a technology IPO that could make it the largest tech IPO in history.
Some another sources said that founder and CEO Mark Zukerberg, who has mostly operated in the background during Facebook’s closely watched journey to public markets, will be involved in the roadshow.
Read more at:
http://venturebeat.com/2012/05/01/facebook-to-ipo-may-18-roadshow-starting-monday/
