Facebook to File Wednesday For $5 Billion IPO  

CNBC:

Facebook is expected to file initial paperwork with regulators on Wednesday morning for a $5 billion initial public offering.

The company is currently looking at a valuation of $75 billion to $100 billion, which would be one of the largest initial public offerings in U.S. history.

I can’t wait to read the S-1 SEC filing (which contains previously-secret financial and operational details about a company that wants to go public). It could have far-reaching effects on other companies only tangentially related to Facebook or based around social networks on the web, and it will definitely shed some light on the strange symbiotic relationship between Zynga and Facebook.