Facebook postpones IPO

We have been talking about Facebook IPO for a while. Some information said that Zuckerberg wanted to make it by the end of this year.

Now, some information from inside the company confirms that Zuckerberg wants to delay the IPO to the later part of 2012. The decision it is not about the uncertainty of the stock market, the reason seems to be that Facebook wants to focus in new developments instead to make a bunch of money now. Some analyst predict Facebook IPO as the biggest tech companies IPO ever seen, a market valuation close to $100 billion.

Tech Market Research

Technova @ Silicon Valley