Facebook Eyes Huge IPO

    SAN ANSELMO, CA - MAY 09:  The Facebook website is displayed on a laptop computer on May 9, 2011 in San Anselmo, California.  An investigation by The Pew Research Center found that Facebook has become a player in the news industry as the popular social media site is driving an increasing amount of traffic to news web sites.  (Photo Illustration by Justin Sullivan/Getty Images)

    Justin Sullivan / Getty Images

    It’s about time. Facebook is planning on filing its long-anticipated initial public offering sometime between April and June, sources told The Wall Street Journal. The company is considering raising $10 billion in an IPO that could put its net worth at more than $100 billion (and boost Mark Zuckerberg's personal wealth to $24 billion). The social-media giant is allegedly discussing dates with the SEC, though sources stressed that Facebook’s CEO, Mark Zuckerberg, has not made any final decisions. 

    Read it at Wall Street Journal