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Facebook preparing for $100 billion IPO

Facebook preparing for $100 billion IPO

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Pursuitist Luxury Best Luxury Blog

Facebook’s long awaited IPO could be nothing short of astounding.

New reports indicate that the social network is preparing an IPO for early 2012 that would top $100 billion. The IPO would easily become the largest ever – topping Google’s 2004 IPO of $23 billion.

Goldman Sachs will likely underwrite the IPO on the heals of its $450 million investment in Facebook earlier this year.