News for hackers. Stuff that matters.

A comment on The end of Facebook. Parent comment

Re:The end of Facebook by jordan0day on Thursday June 16, 2011 @10:41AM (#2661412)
Yeah, at this point why would they IPO (except to get rich[er], of course)? Obviously they could grow in some unforeseen way, but if they don't have an ace up their sleeve, what business reason would they have for needing additional capital?
[ Parent | on HN ]
Re:The end of Facebook by rsuttongee on Thursday June 16, 2011 @11:54AM (#2661767)
Well, there may or may not be a pressing business need for capital, but I'm sure a lot of the current shareholders would see an IPO as a good exit.

I suppose it's possible that facebook could still be acquired, but given how large they are, and the huge amount of cash/stock it would require to buy them, that seems unlikely to me.

[ Parent | on HN ]
Re:The end of Facebook by sixtofour on Thursday June 16, 2011 @03:36PM (#2662878)
Too big to float.
[ Parent | on HN ]
Re:The end of Facebook by ralfd on Thursday June 16, 2011 @04:39PM (#2663145)
Major point for an IPO: SEC regulation requires businesses with more than $10 million in assets and over 499 shareholders to go public.
[ Parent | on HN ]