BREAKING: Facebook could possibly file IPO Wednesday, Wall Street Journal reports. Morgan Stanley is expected to lead the IPO offering, but Goldman Sachs will likely play a key role in what’s expected to be an initial public offering of up to $100 billion in size, the WSJ reports. In recent days, private trading has reportedly been halted on the company’s stock, raising the spectre of a forthcoming IPO. That sound you hear is Eduardo Saverin cheering from over in Singapore. (ht MarketWatch)
The long expected IPO of social networking giant Facebook has finally come, and everyone’s eager to finally make some money on the site that’s cost them so much time. A million dollars isn’t cool, you know what’s cool? A billion dollars, or in this case, 100 billion dollars.
