The National Inflation Association (NIA) offers a comprehensive analysis on Facebook’s planned IPO, saying Facebook is going public at peak valuation.
In its report released Friday, Feb. 3, NIA believes Facebook will likely start trading this May at a peak valuation of $100 billion and see its market capitalization and share price decrease in value in the years afterwards.
Facebook, NIA says, has successfully grown their monthly active users from 1 million in 2004, to 6 million in 2005, to 12 million in 2006, to 58 million in 2007, to 145 million in 2008, to 360 million in 2009, to 606 million in 2010, and to 845 million in 2011.
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