Facebook's upcoming initial public offering now has a valuation goal: the company is expecting to obtain a valuation ranging from $85 to $95 billion based on the price the company will offer its first public shares at.
According to
the Wall Street Journal's sources, Facebook plans to place a "high-$20s to mid-$30s" share price. If this information turns out to be accurate, Facebook have the largest valuation for an Internet company ever at the time of an IPO.
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