Sunday, April 18, 2021

Facebook Said to Plan IPO at $100B Valuation

Bloomberg: An unnamed source says that Facebook is planning an initial public offering (IPO) that would raise $10 billion and value the company at $100 billion. While the company hasn’t yet decided when to go public, the source says it could happen before the end of the year. If the social network does raise $10 billion, it would set a record among tech companies.

SharesPost Inc., which handles trading of private companies, puts the current value of Facebook at $66.6 billion.

Similar articles

Latest Articles

IT Planning During a...

Without a doubt, 2020 changed everything. I like to compare it to a science fiction movie where time travel is involved. Clearly, we have...

Best Data Quality Tools...

Data quality is a critical issue in today’s data centers. The complexity of the Cloud continues to grow, leading to an increasing need for...

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...