Should Investors go for Facebook IPO?

Bangalore: With the supposedly biggest Initial Public Offering (IPO) in history, investing in Facebook in on almost everyone’s priority list, reports Stacy Johnson of MoneyTalksNews.

Facebook announced its intentions of going public on February 1, 2012. The tentative date of the IPO is yet to be announced but it is speculated to be somewhere between April to June of this year. It will most probably be traded on National Association of Securities Dealers Automated Quotations (NASDAQ) or New York Stock Exchange (NYSE). What concerns the people on this news is whether one should invest in Facebook or not. It is speculated that if Facebook is able to sell around 7 to 10 percent of the company stocks, the money raised will be around $7 billion to $10 billion, a new record in the IPO history of the U.S. This will shoot up its worth to around $70 billion to $100 billion, enabling it to become one of the biggest U.S. firms.  If this is the case, then Mark Zuckerberg will have a net asset of $20 billion.