With Facebook, it’s not a question of if it files for an IPO, but when. Rumours have been flying since the middle of 2011, a new report from AllThingsD suggests the social network is aiming to go public in the third week of May.
Faceboook is said that they will submit its S-1 filing within the next month, taking into account that the “Securities and Exchange Commission usually takes about three to four months”.
Facebook’s COO Sheryl Sandberg stated a few weeks ago to the report that the company’s IPO was “inevitable” and said that it was “a process that all companies go through”.
Facebook is expected to hit 1 billion users by the Summer. The company’s impending IPO is likely to spark the next crop of angel investors, becoming one of the biggest Web offerings ever.
Could this spark another Dot.com boom?