Report: Facebook IPO Should Happen Soon

If you’ve always wanted to add the title “Facebook part-owner” to your resume, the opportunity could be arriving soon. That Facebook Initial Public Offering that wasn’t supposed to occur until late this year could happen this week. The stock sale could be one of the most lucrative ever for an American business, pumping as much as $10 billion into the company.

The Wall Street Journal cites sources that say the company is on the verge of choosing Morgan Stanley to lead the IPO, which could occur soon. To get things started, Facebook will need to file paperwork with the Securities and Exchange Commission. The company is considering several options, including filing Wednesday or waiting a few weeks.

After Facebook goes public, it will be interesting to see how the company changes its mode of operation to please stockholders, who will want to see ad revenue shoot off the charts. It will be interesting to see how any policy changes will affect Facebook users and in turn, the network’s popularity.

Facebook Readies IPO Filing [The Wall Street Journal]

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  1. Nobby says:

    In this case, IPO means “I’ll Pass On it”. No thanks.

    • Coelacanth says:

      If I had the risk tolerance for it, I’d consider shorting Facebook and waiting for its value to plummet.

      • tinmanx says:

        They’ve been replaying the Facebook documentary on CNBC, and it makes Facebook out to be the next Google. So I think this IPO is going to do very well. And plus Facebook is no Groupon, according to some articles I’ve read, analysts say Facebook takes in billions in ad revenue.

        The shear amount of time people spend on Facebook each day verses other online properties is what makes Facebook so valuable. I hate to say it, but I’m one of those statistics and I tried very hard not to join for the longest time.

        • Clyde Barrow says:

          @tinmanx; so I see you’ve had the kool-aid? Good for you. When you wake up from your zombie-state after you’ve basically given your money away to your broker, let me know how it feels.

          Investing is like a casino and the odds are ALWAYS in favor for the house.

  2. Cat says:

    Yea, wait for everyone to be forced into the craptastic timeline format.

    Let the complaining begin, and watch the stock plummet.

    • Coelacanth says:

      Nearly every major UI redesign has been met with massive complaints and resistance, but that hasn’t really stopped people from using it before…

      I suppose when they really turn it into a commercial / corporate-style webstie, then users will finally defect.

  3. Shorebreak says:

    Morgan Stanley and their preferred clients will make the big bucks when the shares open for trading. After the horde jumps in and pushes the price through the roof the big boys will dump their shares and make billions. It’s the standard IPO routine in the casino called the stock market.

    • WolfSoftware says:

      Agreed. This is one of those if you could jump right in the beginning, do it. The “best” part of all this is it signals the death of Facebook. No site “beholden” to its users can survive when the decisions of the company are based on shareholders’.

      • Not Given says:

        It’s not beholden to it’s users, they are the product. Facebook is beholden to its advertisers.

  4. longfeltwant says:

    I’m reaching deep, deep down into the bottom of my bag of giveadamn, and I just don’t have any left.

  5. Loias supports harsher punishments against corporations says:

    So if we’re all stockholders, can we force a change to the privacy settings?

  6. Clyde Barrow says:

    Yep,,and all the brokers out there are now lining up at the feast, with knife and fork in hand, mouth dripping with saliva waiting in silence as the inexperienced and ill-prepared investor’s prepare their checks thinking “this is the big one!”

    And as always, for their 2013 tax refunds they’ll be preparing 1099 forms to show the big losses that they had,,,except the brokers will reap in millions from these fools.

  7. sifr says:

    Sigh. I know it’s a big news story and all, but please…get it right. Facebook will NOT IPO this week. Or even in the next several weeks. All Facebook is doing is contemplating filing their preliminary S-1, which is the first step towards IPO. An IPO, if it happens, won’t occur until several months after the S-1 has been filed (and accepted. Most S-1s get returned on first filing and need to be re-filed. Yes, even big companies like Facebook.)

    So please, if you write another story about this, try not to make it sound like you could actually buy FB stock this week. Sure, the second paragraph confusingly almost contradicts the first (specifically, “That Facebook Initial Public Offering that wasn’t supposed to occur until late this year could happen this week. The stock sale could be one of the most lucrative ever for an American business, pumping as much as $10 billion into the company.”), but the headline and lede are misleading and just plain wrong.