Sometime within the next few weeks, surely before the month is out, social networking colossus Facebook will have gone public, and by some accounts their current valuation estimate of nearly $96 billion may be well under-estimated. Already, Facebook’s Initial Public Offering (IPO) is drawing far more attention than did internet search giant Google when it went public eight years ago. Markets are already pricing in the possibility of a $100 billion, and while some analysts agree it’s likely to go that high, others are wondering whether Facebook’s IP can live up to its hype. Read more
