Facebook worth $100 billion

A report by CNBC, hints that Facebook may be planning to go public early next year with an estimated value of $100 billion, (£69 billion approx).
CNBC quote 'the 500 rule', a section of the 1934 Securities and Exchange Act, as the reason behind the IPO (Initial public Offering).
This rule states that once a private company has more than 500 investors, it must begin releasing quarterly financial information to the Securities and Exchange Commission, as public companies must.
Facebook currently has 600 million users.

source CNBC

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