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Facebook Will Go Public or Disclose Financials by April 2012
- jrockway 16y agoHow come this is such a newsworthy topic? "Big company with one of the world's most popular products might be going public." Well, yeah. If you care, save your money and buy their stock when it becomes available. But do you really need to write an article? Tune in at 11: The Sky is Blue.
- runevault 16y agoConsidering they've avoided breaking the 500 investor mark to this point so they would not have to disclose financials (hence the whole Goldman Sachs silliness) this IS news worthy.
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- andre3k1 16y agoOn Intrade, would you bet for or against Facebook IPO'ing by April 2012? People don't seem to be putting their money where their mouths are. Lack of confidence?
- trotsky 16y agoInteresting that the goldman clients have to agree to not sell their shares until 2013, so once they finally know the full financials they'll still be prohibited from selling for almost a year.
- ars 16y agoAn agreement without a penalty is meaningless. There is no way for goldman to enforce those agreements. And if nothing else they can simultaneously short and hold the stock if they really want to sell it, but still stay within the letter of the agreement.
- trotsky 16y agoPretty sure goldman will have no trouble enforcing the contract considering if you want to sell the SPV shares you'll have to do it through goldman.
- Miller450 16y agoInteresting that the WSJ changed the title of the article. It now reads: "Facebook Opens Door for Financial Disclosure or IPO in 2012"
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