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Facebook "to float" on 17 May

The social networking site is set to go public in early May, say sources.

By Martha Gill Published 19 April 2012 16:02
Mark Zuckerberg, Getty images.
Mark Zuckerberg, Getty images.

According to Technology site TechCrunch, Facebook is believed to be working towards a floatation date of May 17. Several sources close to the company have revealed the date to TechCrunch, on which Facebook will go public at an estimated value of $100bn.

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1 comment

mike cobley's picture

Thu, 2012-04-19 19:09 — mike cobley (not verified)

So May 7th is when everyone on Facebook becomes a commodity? As the saying goes, if you're not paying for it you are the product.

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