Those of us who were looking forward to seeing how Facebook finally launches itself as a public offering will have to wait a while longer to see what happens. The IPO was intended to happen in April 2012 but recent reports have indicated that this will now not happen until the end of the year.
According to the latest reports, it has been said that the chief executive Mark Zuckerberg is keen to keep the employees focused on developing new products. The public launch of the company would take that focus away from products and onto the potential payout they would receive as employees of the company.
The amount being given as the potential valuation for the company differs depending on which website you go to for information. The lowest figure we found was $66.5 billion dollars, whereas the highest went as far as $100 million dollars. Needless to say, we shall all have to exercise much more patience for more than a year to see what the final figure turns out to be.
It may even be the case that the new product developments raise the value of Facebook by the time it does eventually go public. Nevertheless, even if this does not happen we will still be looking at an all time record for the value of such a company. We may remember the dot com boom, but this could be a different kind of boom altogether.