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Facebook is inching closer to a $100 Billion valuation, more than twice that of HP, 3M, and others. What could it mean for users?

2 Dec

The Wall Street Journal this week quoted unnamed sources who said Facebook is “inching closer” to a public offering, in spring or early summer, that would value the company at more than $100 billion.

According to the report, Facebook would look to raise a staggering $10 billion during its initial public offering. A $100 billion valuation would price the social-networking giant at more than twice the value of tech institutions such as Hewlett-Packard Co. and 3M Co., the Journal reported.

via What would a publicly traded Facebook mean to users? – CNN.com.

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