The world will not end without a Facebook IPO.
Facebook, the world’s largest social network, is still a privately-owned company. But that’s expected to change — and soon. The company will file to go public sometime between April and June 2012, according to the Wall Street Journal late Monday night.
The company is expected to raise $10 billion in an IPO that would value Facebook at $100 billion, the Journal reported.
That would easily make it the largest IPO in tech history, besting Google’s $24.6 billion IPO, and put Facebook in contention for the largest IPO in history.
Facebook Chief Financial Officer David Ebersman has been spearheading the effort, including hosting discussions with bankers over which ones will be involved in underwriting the IPO, according to the Journal.
The report of an IPO between April and June supports earlier reporting from CNBC in June, in which Facebook was said to be targeting a first-quarter 2012 filing.
Facebook declined to comment on the report.
