Facebook is now seeking to raise as much as $13.6 billion in its IPO, according to an SEC filing today, which would value the company at roughly $88 billion. The company is aiming to price its shares between $28 and $35.
This paves for the way for Facebook and its bankers to begin the road show on Monday, with shares to start trading on May 17 or 18. While this valuation is lower than the $100 billion that has often been cited, the price will likely change depending on the success of the road show.
The valuation cited above … Read more