Sources familiar with the situation said the company has not made any decision overs which banks will be involved in the Facebook IPO. Facebook’s Chief Financial Officer David Ebersman is in talks with multiple Silicon Valley bankers about the offering. However, founder and Chief Execute Officer Mark Zuckerberg has not decided on any terms of the IPO.
For a little perspective – at the time of their IPOs the following companies and their market cap:
- Goolge was $23 billion
- Netscape was $2.9 billion
What do you think, is Facebook worth $100 billion?