Best Growth Stock – The Facebook social network could begin this week the expected process for listing on the stock market where you will have a value according to some reports, would be between U.S. $ 75,000 million and U.S. $ 100,000 million.
According to information collected by the Financial Times and the Wall Street Journal, on Wednesday the company plans to introduce documents to get the backing of the U.S. Securities and Exchange Commission
His subsequent flotation on the market can generate about U.S. $ 10,000 million, which would represent a major share sales in the history of Wall Street.
In terms of Internet companies, newspapers indicate that the amount could well exceed U.S. $ 1,900 million raised by the software giant Google when it began to go public in 2004.
However, the amount is far from U.S. $ 20,000 million achieved by the automaker General Motors in November 2010.
Reports suggest that Morgan Stanley will be the largest underwriter of initial public offering of shares (IPO) with Goldman Sachs as well as star of the process.
The rumors about the launch of the social network in the bag have been circulating for many months and during that time the company has remained quiet about it.
Is it so?
Its estimated value would make it one of the largest companies in market capitalization. “Facebook, a great achievement, but between $ 75,000 and $ 100,000 million?’d Make Apple look cheap,” said the Australian magnate Rupert Murdoch’s media on Twitter.
The specialist of the BBC, Charles Miller, believes that it can be worth as much to make a comparison with Google, whose current value is estimated at $ US200.000 million.
Given the commercial potential of Facebook, Miller notes that it is a site where users spend more time at each session, an average of about 30 minutes, that Google, which means more time to see and respond to ads.
Just most of the social network revenues from advertising.
The company was founded by Mark Zuckerberg and fellow students at Harvard University in 2004 and quickly grew to become one of the most popular websites in the world.
As a private company, Facebook does not have to publish their books, but reports in January of last month, referring to a document sent by Goldman Sachs to its clients, said that the firm may have achieved a net profit of U.S. $ 355 million on its revenues of U.S. $ 1,200 million in the first nine months of 2010.
Following the comparison of Miller, another key advantage is that while Google often does not know much about its users, Facebook is a bounty of personal information.
However, just when Facebook sees its IPO launch, many of its users are more concerned about maintaining your privacy on the social network.
A survey by security firm Sophos revealed that there are fears the arrival of the new Facebook settings, according warn, could reveal too many personal details.
The new configuration will show everything that a person has done in the social network since becoming a member, through a menu that can be displayed chronologically.
But according to Sophos, the most serious is that the new system could potentially facilitate the work of thieves or stalkers.
According to the report from Sophos, as Facebook approaches 1,000 million users, it also increases its attractiveness for cybercriminals, who are bombing the social network with malware (malawares), false applications or tricks to steal identities.
Category: Business News