Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Facebook Employees Dreaming of IPO Christmas

Rumor mill heats up that company is going public soon

By Dustin Lushing,  Newser Staff

Posted Nov 18, 2011 5:41 PM CST

(Newser) – Here come the Facebook IPO rumors again. An insider tells Business Insider that employees expect the company to go public soon, possibly next month. "The IPO talk inside Facebook has ramped up the past 6 weeks and Zuckerberg repeatedly has said that it is 'coming,' which he *never* said in the history of Facebook," says the source's email.

Business Insider's Nicholas Carson isn't so sure about an IPO coming before year's end, but he thinks it will happen eventually. A better bet is next April, when the company will be required to disclose its financials because it has passed the 500-shareholder threshold, he adds. (All Facebook notes that the SEC might yet change that rule.) Meanwhile, early employees of site are bubbling with excitement as they hold fat stock options that do not kick in until the company goes public.

Facebook CEO Mark Zuckerberg.
Facebook CEO Mark Zuckerberg.   (Getty Images)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
5%
21%
3%
10%
3%
57%
To report an error on this story, notify our editors.
COMMENTS
Showing 2 of 4 comments
MDD
Nov 19, 2011 12:46 PM CST
Keep Dreaming... Cash in Day One, before everyone finds out Facebook is worth ZIP! 
timeandagain
Nov 18, 2011 11:20 PM CST
Bunch of money-grubbing, rich assholes.
 

NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment   |   NewsOne