Facebook Going Public?

GOOD INVESTMENT

Updated Apr. 25, 2017 4:01PM EDT / Published Mar. 31, 2009 12:55PM EDT

Even in this economy, stock in the outrageously popular Facebook would seem like a sure bet. And you might get a chance to pick some up soon: Gideon Yu, the company’s chief financial officer, has stepped down, and The Wall Street Journal reports that a search is under way for a replacement with “public company experience.” The social networking site continues to rake in cash: It expects “revenue growth of 70 percent in 2009 compared with 2008.” The company, which famously began as a program only for Harvard students, now has roughly 200 million users.

Read it at The Wall Street Journal (subscription required)

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Facebook Going Public?