Mark Zuckerberg: Facebook is not going public in the near future
Mark Zuckerberg has said it again. They are in no hurry to launch an IPO.
He said: “We’re going to go public eventually, because that’s the contract that we have with our investors and our employees. We are definitely in no rush.”
Facebook is already the world’s most popular online social network. It is also now profitable.
Market analysts believe that the company could see revenue of between 1.2 billion dollars and two billion dollars this year which is amazing for a social network.
Facebook is however likely to launch their IPO sometime next year that could put their value between 35 billion dollars to 40 billion dollars.