Get ready for the hottest initial offering of 2012.
Facebook is set to file its IPO as early as Wednesday, seeking a valuation between $75 billion and $100 billion, according to the Wall Street Journal, citing unnamed sources.
The company is reportedly seeking to raise as much as $10 billion. If successful, that would make Facebook's offering the sixth largest U.S. IPO and six times larger than Google's initial offering, which is currently the record-holding tech IPO, according to Renaissance Capital. (See chart below; click for a larger version.)
The Journal reported that Morgan Stanley is close … Read more