Facebook chief financial officer Gideon Yu is leaving the company, a move that signals the company is positioning itself to go public.
The social networking site, which recently passed the 200 million user mark, reported that it is on track to increase revenues by 70 percent this year. Could an IPO be around the corner?
Prediction: Facebook files for IPO by the end of 2009.
Image: Marcopako/Flickr
Current Community Consensus 14%| Betting Closes: | Dec 31 2009 | Current Consensus: | 13.59% | Total Bets: | 46 |
| Today's Change: | 0% | ||||
| Life Time High: | 66.82% | ||||
| Life Time Low: | 12.46% |
Comments
According to Zuckerberg, IPO is a few years out
According to this, IPO is looming closer than originally thought
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