Facebook IPO could redefine the social media market - The Boston Globe: "Can an initial public offering from Facebook reverse the Wall Street curse on social media companies?
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Taking stock
Facebook could file to go public as soon as tomorrow, and its offering could raise up to $10 billion -- enough to revive a tepid market for Internet stocks, analysts said, and seed the ground for future offerings from social media companies like Twitter or Yelp Inc. Facebook’s market value may reach $100 billion, placing the social media giant on par with such corporate titans as General Motors Co. and Visa Inc."
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RELATED
GRAPHIC
Taking stock
Facebook could file to go public as soon as tomorrow, and its offering could raise up to $10 billion -- enough to revive a tepid market for Internet stocks, analysts said, and seed the ground for future offerings from social media companies like Twitter or Yelp Inc. Facebook’s market value may reach $100 billion, placing the social media giant on par with such corporate titans as General Motors Co. and Visa Inc."
'via Blog this'
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