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
Facebook CEO Mark Zuckerberg.   (Getty Images)

(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. (Read more Facebook stories.)

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