As reports surface of the growing momentum behind Facebook's intended Initial Public Offering (IPO), Stanjames.com have opened a number of markets that look to the future of the world's biggest social network.
Founded in 2004 by Mark Zuckerberg from his Harvard University dormitory, Facebook has in eight short years grown from humble beginnings to be the subject of what is expected to be the largest IPO from a tech company in recent years, if not ever. There are talks of a $100m value at IPO (4/5 Value at IPO $100.1bn - 125bn), but potential investors must be aware lessons of the dot.com boom in the late 90s, where over-inflated valuations through private stock purchases pre-IPO led to a drop in the price of stock after the offering, meaning those who invested at that point lost at times huge sums of money.
Rather than any suspect intentions however, it is thought that the reason for the delayed IPO is that Zuckerberg sees the project as unfinished, and doesn't want to relinquish any control until the company has been taken as far as it can with him at the reins. Much talk also surrounds the rate of growth of Facebook's users. Over 800million accounts are active users and the company claims to be well on course to a billion users (2/1 A Billion Users reached in Q3 2012), with their site suggesting that over 50% of users log on every day.
After the IPO does take place, there is a likelihood that Zuckerberg could step down as CEO of the company. There are a number of candidates to replace him but at the top of the list is current COO Sheryl Sandberg (6/4 Next Permanent CEO Of Facebook) Poached from Google in 2008, Sandberg is credited as turning Facebook into a profitable company. Current VP of Product for the company Chris Cox is also a candidate and there is also the possibility that the company looks for new leadership from outside.