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Investing

Increasing Odds of Facebook IPO in 2012

Photo of Jon C. Ogg
By Jon C. Ogg Published

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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Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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