The upcoming flotation of the social networking site is gaining plenty of column inches but should you be backing its IPO? Here industry experts reveal whether it is really worth all the hype.
Facebook's value rose to $123bn in grey trading yesterday as it prepares for a $5bn float later this year.
Facebook's long-anticipated initial public offering will see it look to raise $5bn in a listing expected to value the company at up to $100bn.
BlueCrest Capital is to list a feeder fund for its BlueTrend strategy, a systematic fund that trades across 150 global markets, on the London Stock Exchange this March.
Social networking giant Facebook is set to begin the process of becoming a publicly listed company this week, with reported valuations of between $75bn (£48bn) and $100bn dwarfing Google's $1.9bn IPO in 2004.
Groupon, the online coupon group, raised $700m in its highly anticipated initial public offering on Thursday night, with the pricing at $20 a share valuing the group at $12.65bn.