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Monday, January 30, 2012

Facebook to go public!!!

Facebook is going public.

It is going to have an IPO (initial public offering) of stock.

"The company is looking at a valuation of $75 billion to $100 billion, a person familiar with the matter said."

Would you invest? The number of Facebook users is more than all individuals countries other than China and India

According to Facebook: "
  • More than 800 million active users. More than 50% of our active users log on to Facebook in any given day
  • Average user has 130 friends"

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