Facebook IPO Offering Could Top $100 Billion, Starts this Autumn

Get ready, stock market, cause’ here comes Facebook. In a report from CNBC, the social networking site Facebook is said to be preparing documents that will lead to an Initial Public Offering of its company, a valuation of which could top $100 billion. That’s a who heck of a lot of cash, says the Securities and Exchange Commission, their requirement for companies like Facebook to disclose financial information if they’ve got more than 500 private investors reportedly a big

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