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Breaking News originally shared:
 
Facebook could file for an IPO as early as Wednesday
Menlo Park, Calif., USA

Fri Jan 27, 10:18 a.m. PST: +The Wall Street Journal reports that Facebook is close to picking Morgan Stanley as the lead underwriter for its initial public offering, according to sources. Facebook could file papers for the IPO as early as this coming Wednesday.

The company is currently looking at a valuation of $75 billion to $100 billion, a source said.
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Travis Koger's profile photoMatt Cornwell's profile photoJack Grove's profile photo
3 comments
 
Well they do need to get in quick before +Google+ strips away even more of their precious users... and of course with the new Timeline hitting, user anger will shortly be at an all time high.
 
facebook sucks - I hope they go bankrupt
 
Matt, if you feel that Facebook sucks, you certainly do not have to have anything to do with them. (duuuhh!!)
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