Sunday, January 29, 2012

Facebook IPO

Rumours are the IPO is close to IPO, maybe next week. Expecting to raise an unbelievable $10bn valuating the company at $75bn. Those are incredible figures when you consider what the business really is. They have a lot of mindshare, and certainly a lot more credence than the early dot com companies, but even so?

Still good luck to them, I won't be investing and hopefully my pension funds won't either!

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