Facebook announced Thursday it has added Reed Hastings, the chairman and CEO of Netflix, to its board of directors. The addition of Hastings to Facebook’s boardroom is the latest signal of… Read more »
If a bill being proposed by a group of senators makes it through Congress, Facebook and many other high-profile technology stocks may never have to go public at all. That might… Read more »
Facebook’s S-1 could come as early as October of this year, CNBC reported on Monday. Facebook is said to be targeting the first quarter of 2012 for its IPO, which could… Read more »
Facebook is said to be considering a private share offering that could top $1 billion, and would value the entire company at $60 billion. If it continues to raise funds through… Read more »
Despite a lot of talk about a Facebook initial public offering, early investor and director Peter Thiel says don’t count on it until 2012. Thiel, who was extremely critical of the… Read more »
Facebook was initially rumored to be going public in 2010, and then in 2011. News reports suggest that the company now wants to wait until at least 2012 to show revenue… Read more »
Two of Facebook’s venture capital investors told the DTD conference in Germany that the social network has no plans to go public in the near term — meaning 2010 — that… Read more »