Social Media Check-Ins Are Poised To Be The New Currency Of Mobile Advertising

Social Media Check-Ins

Subscribe to Social Media Check-Ins: eMailAlertsEmail Alerts newslettersWeekly Newsletters
Get Social Media Check-Ins: homepageHomepage mobileMobile rssRSS facebookFacebook twitterTwitter linkedinLinkedIn


All You Need To Know About Social Media Check-Ins and Their Importance Authors: Mat Rider, SyedKashif tacyStone1, Valeriia Timokhina, AppDynamics Blog, Kasper Loy

Related Topics: Web 2.0 Magazine, SOA & WOA Magazine, Facebook on Ulitzer, Economics for Investors, Social Media Check-Ins

Article

Massive Facebook IPO Apparently on the Runway

It could put in its papers to IPO before of the end of the year

Facebook is thinking of going public in the spring and raising $10 billion - a record amount for a high-tech or Internet IPO or pretty much any other IPO - on an estimated valuation of more than $100 billion, according to both Bloomberg and the Wall Street Journal's anonymous sources.

Apple, now the most valuable high-tech company, currently has a market cap of around $349.57 billion.

Facebook could put in its papers to IPO before of the end of the year. The Journal says it is talking to the SEC about the timing of the filing and suggests the IPO could come off sometime between April and July.

Facebook was only supposedly worth $50 billion in January when it took in a $1.5 billion investment from Goldman Sachs and friends.

Even if it doesn't go public it will still have to disclose its financial results by April 30, 2012, because it will have more than 500 shareholders by the end of this year. If it doesn't IPO it will have many of the headaches of a public company without the cash.

It is supposed to have 800 million users, with a half-billion logging in daily, and reportedly expects its next billion to come from smartphone and tablet aficionados, according to Bloomberg.

In a September press release eMarketer estimated Facebook's revenues this year will be $4.27 billion, up from $2 billion last year, based largely on advertising.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.