Facebook is set to file the IPO before year’s end, which would place a value of around US$125 on each of its 800 million users. It’s expected to raise around $10-billion for the company. Click here to see more funny Facebook status updates. Continue reading for the news report.
At $10 billion, the offering would raise more money than any other technology IPO – dwarfing the previous record holder, Infineon Technologies AG, which generated $5.23 billion in an IPO in 2000.