Facebook IPO to go public in May?
That states that the company should file its IPO documents within next month, as the Securities and Exchange Commission (SEC) usually takes three-four months.
Meanwhile, Facebook offering is anticipated to be one of the biggest IPOs ever. Reports say that the company is set to raise $10 billion on a $ 100 billion valuation.
Facebook has current user base of around 800 million and is expected to hit 1 billion this year. Meanwhile, the revenue, which was reportedly near to $ 4 billion in 2011, is expected to be higher by another third in 2012.
However, Facebook refused to comment on the report.
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sources form All Things Digital.