All of the endless fans of Facebook may be closer to seeing how their effort is contributing further to the pools of billionaires. A report from New Media Age is signaling that Facebook is likely to have an IPO in the first half of 2012… Breaking news? No. Facebook should have considered coming public in the first half of this year when the wind was at the market’s back. By the time early next year rolls around it would seem that these low float IPOs will serve as a realization that these are not much different from tracking stocks of the 1990’s. Do you remember AT&T Wireless, TyCom, Barnes and Noble (.com), and Disney’s Go.com???
If you go to Intrade, the leading prediction market, the odds today of a Facebook IPO filing before the end of 2011 are 8%… if you take the odds of an IPO filing before the end of 2012, that is 90%.
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