The world's largest social network, Facebook, is going to file for an Initial Public Offering this coming Wednesday, according to a report from the Wall Street Journal. Citing unnamed sources, the reputable WSJ says a $10 billion share offering would place Facebook's valuation at $100 billion.
According to Mashable, Facebook's IPO—if at $10 billion—would be the 15th largest in history among all companies in the world and the 5th largest among the world's technology companies. In North America, only AT&T Wireless' $10.6-billion IPO in 2000 outdoes Mark Zuckerberg's pending market debut.
This appears in line with previous reports. Last year, major IPOs in the tech space included daily deals giant Groupon, professional social network LinkedIn, and game development firm Zynga.