News for hackers. Stuff that matters.

A comment on Facebook puts off IPO until late 2012. Parent comment

Re:Facebook puts off IPO until late 2012 by dmk23 on Wednesday September 14, 2011 @05:53PM (#2998009)
Spoke too soon, looks like they have already reached 500 according to the article.

In that case hard to see how much value would be in staying "private" given the same disclosures and the liquidity in the secondary markets.

[ Parent | on HN ]
Re:Facebook puts off IPO until late 2012 by nextparadigms on Wednesday September 14, 2011 @06:07PM (#2998054)
That's because the reason they've been giving to the press "that they want to keep employees hungry" is not really the real reason. With the Google+ launch, they probably think that the market will undervalue them now if they make it public.
[ Parent | on HN ]
Re:Facebook puts off IPO until late 2012 by jpdoctor on Wednesday September 14, 2011 @06:14PM (#2998073)
The IPO market is not good at the moment, so I suspect that the investors (mark too) are trying to maximize bang for the buck.

Maybe after Greece defaults and the EMU cleans up its act. 1+ year is not a bad guess for that to happen.

[ Parent | on HN ]