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Exclusive: Does Facebook’s IPO Make Good Business Sense? Exclusive: Does Facebook’s IPO Make Good Business Sense?
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Companies file for IPOs all the time, but the recent filing by social networking giant Facebook has seemed to connect with nearly everyone, and in a big way. On Wednesday, Facebook filed for its IPO in hopes to raise $5 billion or more, which would make it the largest initial public offering from an Internet or technology company.