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Zuckerberg: Facebook IPO “Definitely Years Out”

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I’ll bet at least one person out there has been keeping his (or her) phone just a little closer due to Facebook IPO rumors, thinking, “Gotta call my broker, gotta call my broker.”  But if Mark Zuckerberg is to be believed, that person can relax – at the Web 2.0 Summit, the social network’s CEO said that any IPO is “definitely years out.”

That’s if it occurs at all, of course.  Zuckerberg also stated, “I’m not saying it’s never going to happen,” which makes it look like an IPO isn’t anywhere on his list of preferences at the moment.

Yet as The Register’s Chris Williams noted, “Just about every large web corporation has been assumed to be hurling offers of cash at Facebook, so it doesn’t need to offer public shares now to keep the books ticking over.  In fact, letting Wall Street gawp at its inconsequential revenues probably doesn’t appeal too much.”

So maybe we can set aside all that IPO hype for the time being.  In its place, though, we’ll likely have more discussions about which companies are in the best position to befriend Facebook.  And perhaps a few analyses of how truthful Mark Zuckerberg has been in the past.

Zuckerberg: Facebook IPO “Definitely Years Out”
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