Question:

Will facebook go public in 2011

by Jon Mani  |  1 year, 4 month(s) ago

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Will facebook go public in 2011? Now that facebook is making lots of money, will the board want to do some sort of exit for their money?

 Tags: 2011, facebook, public

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  1. Jon Mani
    There is no chance of facebook going public in 2011. Some shares might change hands for liquidity for investors but there are other ways to do this beside listing. Facebook is going to follow Google's lead and go public at a time when the revenues are extremely high and sustainable model is ironed out. They are the first to actually make social money, more than 2 billion in 2010.

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