He’s not taking off the hoodie, and he’s not going to NYC. TechCrunch has learned and confirmed that Facebook will IPO on Friday with CEO Mark Zuckerberg ringing the NASDAQ bell remotely from his company’s new Menlo Park headquarters. This follows the trend of companies like Zynga who also rung the IPO bell from their home base rather than New York. CNBC tweeted the news this morning and we’ve verified this with another source close to the IPO proceedings.
Some investors worry about Facebook’s ability to earn revenue on mobile as more of its user base migrates away from the classic web interface. Still, many suspect the IPO will be massively oversubscribed, as national fervor over the company’s entrance into the public market has amateur investors pleading with their brokers to get them shares.
News Alert: Facebook to ring opening bell remotely from Menlo Park HQ – Zuckerberg will stay at Menlo Park headquarters $FB—
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