Facebook will be worth US$100 billion
Facebook is in discussions to complete a public offering by June 2012 – a move that will list it on the stock market at a valuation of US$100 billion.
That figure is sure to please Facebook founder Mark Zuckerberg, who – according to Wall Street Journal – owns 24 per cent of the company.
Math wizards among you will note that this will net Zuckerberg's worth at a cool US$24 billion, making us all feel like a bunch of underachievers. Thanks Mark.