Stock Exchange: Facebook takes time

As the launch date of the IPO process is similar – at first in 2012 – the valuation of Facebook continues to climb. According to the Financial Times, the computer company would now valued 33.7 billion dollars on the secondary market.

A valuation that is debatable. "Facebook is not introduced on the stock market, investors have no access to company accounts. Suddenly, nobody knows if the current valuation of Facebook does not match its actual value. In this sense, an IPO would be beneficial. But once the group has to prepare for such transparency of accounts, "said Leslie Griffe Malval specialist company Facebook at IT Asset Management.

Therefore, as recalled by the boss of Facebook in March, the group is not "pressed" to appeal to public savings.In an interview with The Wall Street Journal, he stated that a flotation would not necessarily have a good impact on employees: "They may concentrate on an ad, how it is received, and if it raises the Action. He added: "But we will eventually enter the market because it is the contract we have with our investors."

A logical expectation

For most of the experts who track the value, this position is logical. "On the one hand, the group needs to develop more mature and clearly the profitability of its business model, and secondly, financial markets are still too nervous," says Leslie Griffe Malval. He added: "Furthermore, the group has proven repeatedly that its financing needs were provided. Finally, an IPO provides visibility to a company. However, awareness of Facebook is more to prove. "The website of socialization has crossed the threshold of 500 million active users in late July.

In an industry that revived concerns about the ability of companies to innovate, Facebook would be a trump card. "Today, investors have concerns about the profitability of the technology stocks, said Leslie Griffe Marval. In this area, Facebook has a clear advantage with its social networks that has managed to monetize. " Enough to convince investors to stay true to Facebook by its IPO? "Their cash needs are not important. They prefer to wait until the group gets into the stock market to realize gains interesting, "he concludes.

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