To be Mentioned , Facebook is under Huge pressure to disclose how many Private shareholders it has on the secondary market , the Limit being 500 and the decision is to be taken early by April to either disclose this to the US Regulator , SEC or release an IPO.
As quoted by the Telegraph Hoffman said ,"I suspect that Mark will choose to go public because the company has to put in a lot of financial work in order to make the necessary filings and so he might as well make sure he benefits employees and ultimately the company from the level of work that's already involved,"
Hoffman further added and said that "Going public would benefit Facebook in lots of ways, namely having public currency to do acquisitions. So Mark [Zuckerberg] might as well get the benefit as well as the cost," .
He also pre-assumes that ,"It could be the largest ever consumer technology IPO. Facebook has deferred for a long time. The pattern 10 years ago was to go out [float] as soon as you could," .
As always has been the Habit of Facebook of denying things if they are found to be disclosed , They refused to comment on this !
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