Facebook is rumoured to be going IPO this week. Stories have put IPO at over hundred billion “Facebook IPO value could be $100 billion“. That number sees unfathomable, but more importantly is it realistic? and are we headed for another internet bubble?
Within the past year the following have gone IPO Zynga (ZNGA), LinkedIn (LNKD), Pandora (P), and Groupon (GRPN) it sure seems likes 1999. To quote a Forbes article “the task is a no-brainer, back up the truck and buy as many shares as you can get”.
Some background research shows EMarketer estimates that Facebook’s ad revenue will will reach $7 billion in 2013, while I am no expert at finance I think that the attention this IPO will generate and continued growth will push this number higher .
While it seems a little crazy if I could I would mortgage my garage to scoop some of those shares.