CNBC is confident that social network Facebook will officially launch their initial public offering (IPO) in Q1 2012 and the financial network is estimating a company valuation of $100 billion.
According to the network the site at the time of the IPO will have 500 private shareholders which will require the SEC to demand a public offering from the organization.
At this time Facebook shares have only been traded through private markets such as Sharespost.com
With approximately $2 billion in annual earnings a $100 billion valuation would mean a valuation of net times 50 years profit.
Here is CNBC’s coverage of the eventual Facebook IPO:
Do you think Facebook is worth $100 billion.
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