But, it’s going to go public at $100 bn – that’s the starting point for Facebook as a public company, according to Ian Sigalow, a partner at Greycroft Partners. He tells Bloomberg that Facebook is an ‘unusual stock’ because it is ‘fairly liquid’ for a private company. Sigalow cites Facebook trading on the likes of SecondMarket and SharesPost as the source of this liquidity. Watch the video to learn more.
Interestingly, Sigalow thinks Facebook could make hundreds of acquisitions in the years after it goes public, as Google did. I don’t buy it: Facebook has yet to prove itself as a deal-maker.
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Source: Bloomberg
Photo: jurvetson via Flickr