RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Facebook IPO to create 'thousands of millionaires' Mon Dec 12, 2011 4:40 am | |
| Travelling to space or embarking on an expedition to excavate lost Mayan ruins are normally the stuff of adventure novels.
But for employees of Facebook, these and other lavish dreams are moving closer to reality as the world's No. 1 online social network prepares for a blockbuster initial public offering that could create at least a thousand millionaires.
The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $US100 billion, which would top just about any of Silicon Valley's most celebrated coming-out parties, from Netscape to Google.
Read more: http://www.smh.com.au/technology/technology-news/facebook-ipo-to-create-thousands-of-millionaires-20111212-1oq9p.html#ixzz1gJOb2X43
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