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Facebook’s Sheryl Sandberg Says IPO is ‘Inevitable’

Facebook’s Sheryl Sandberg Says IPO is ‘Inevitable’

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“It’s a process that all companies go through. It’s an inevitable process for us, the next thing that happens…People used to ask us if we were going to get sold. People have stopped asking that question — we’re not … No one is buying us, we’re going public. We are becoming core to people’s advertising strategy and their advertising buy, going from spending tens of thousands to the millions to bigger than that. We have hundreds of thousands of advertisers.” – Sheryl Sandberg COO, via Reuters

Facebook’s Chief Operating Officer Sheryl Sandberg delivered the keynote at Barnard College’s 119th Commencement ceremony. Addressing approximately 600 members of Barnard’s Class of 2011, Sandberg implored the young women to “never let your fear overwhelm your desire. Let the obstacles in your path be external not internal. Fortune does favor the bold and you’ll never know what you’re capable of if you don’t try.”