Haute 100 Update: Facebook Valedictorian of 2012 IPO Class
Yesterday we reported of Zynga’s rocky start as a publicly traded company, but concluded that the growth potential is still there.
Today, the Wall Street Journal asserts that the most growth-intensive IPOs of the current wave might be yet to come. This phenomenon will expectantly come from companies that are already ultra profitable, as opposed to those who need growth capital from public investors.
And so, Facebook Inc.–headed by San Francisco Haute Lister Mark Zuckerberg– is expected to go public in the spring at a valuation of $100 billion or more, which would place it proudly amongst the most valuable companies in the world. Facebook’s IPO is expected to create over 1000 millionaires.
For more on the Haute 100 click here.
Related Articles
Marbella Is Having a Moment. Gran Marbella Resort & Beach Club Just Made Sure of It.
Gran Marbella Resort & Beach Club brings slow luxury to Marbella’s most tranquil stretch of coast. Here’s what you need to know.
Pristine Jewelers Debuts Stunning Three-Story Flagship Boutique in New York’s Diamond District
Pristine Jewelers unveils a breathtaking three story flagship in NYC’s Diamond District with a star studded celebration.
This Luxury Brand is Setting a New Standard in Children’s Fashion
Meet Petite Maison Kids — the New York luxury children’s brand founded by Katerina Azarova that is quietly becoming a favorite.
Inside One of the Most Iconic Four Seasons Properties: The Beverly Wilshire, Beverly Hills
From its art collection to Michelin-starred restaurant, Beverly Wilshire, Beverly Hills, A Four Seasons Hotel is quintessential luxury.
GAIA Miami in South of Fifth is Already the Hardest Reservation to Get in Miami
GAIA Miami, the globally acclaimed Greek-Mediterranean dining concept from Chef Izu Ani and Fundamental Hospitality, has officially opened.
Gucci Introduces Generation Gucci — A New Era for the House Arrives
Gucci unveils Generation Gucci — a campaign directed by Jonathan Glazer, photographed by Demna, starring Mariacarla Boscono and Alex Consani.
Latest Stories
Trending Articles
Related Articles
Marbella Is Having a Moment. Gran Marbella Resort & Beach Club Just Made Sure of It.
Gran Marbella Resort & Beach Club brings slow luxury to Marbella’s most tranquil stretch of coast. Here’s what you need to know.
Pristine Jewelers Debuts Stunning Three-Story Flagship Boutique in New York’s Diamond District
Pristine Jewelers unveils a breathtaking three story flagship in NYC’s Diamond District with a star studded celebration.
This Luxury Brand is Setting a New Standard in Children’s Fashion
Meet Petite Maison Kids — the New York luxury children’s brand founded by Katerina Azarova that is quietly becoming a favorite.
Inside One of the Most Iconic Four Seasons Properties: The Beverly Wilshire, Beverly Hills
From its art collection to Michelin-starred restaurant, Beverly Wilshire, Beverly Hills, A Four Seasons Hotel is quintessential luxury.
GAIA Miami in South of Fifth is Already the Hardest Reservation to Get in Miami
GAIA Miami, the globally acclaimed Greek-Mediterranean dining concept from Chef Izu Ani and Fundamental Hospitality, has officially opened.
Gucci Introduces Generation Gucci — A New Era for the House Arrives
Gucci unveils Generation Gucci — a campaign directed by Jonathan Glazer, photographed by Demna, starring Mariacarla Boscono and Alex Consani.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events