Facebook IPO Delayed Until Late 2012
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Investors have been chomping at the bit for months in anticipation of getting a piece of that sweet, sweet Facebook stock. But the Financial Times is reporting that Zuckerberg and company have pushed the expected IPO back until late 2012 at the earliest. The upshot, you have more time to save your pennies in hopes of buying a share.
Facebook is just one of several companies like Groupon that have ended up delaying IPOs in the wake of market volatility. Facebook has not filed any papers, or even officially announced its plans for a public offering, but multiple sources have confirmed the deal is in the works. We last heard April 2012 as the deadline for the filing, but a late 2011 date was also on the table. As such, the late 2012 change is a significant one.
This isn’t just a bummer for investors, but also for Facebook employees that would like to realize some value in their stock options. In general, employees have very few opportunities to sell off stock before an IPO. Do you think Facebook is playing the long game, or are there issues behind the scenes?
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Baer
September 14, 2011 at 8:47pm
Sorry, double post. Posting here has been screwy tha last few days.
Baer
September 14, 2011 at 8:46pm
Just a guess but just like Groupon perhaps they have had a dip in earnings and they want to do whatever to fix it before the IPO opening price is set. Anyone know who the I B is for this one?
ervinwilliam99
September 14, 2011 at 8:04pm
I don't know who you think you are, but you're just blowing smoke out your ears. Nothing you're saying makes sense and its all a bunch of immature ranting. If you want people to get behind your blog, you should at the very least learn a little something about what you're talking about!
Holly Golightly
September 14, 2011 at 3:24pm
Right on time... To see the end of FaceBook... (insert evil laugh here)
I do not think they are in any sort of financial trouble. They can move right on ahead with it. The only reason why I can possibly see a delay is because they want to see if they can make more money for themselves before going public. Greed.
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