The social media company Facebook is expected to sell its stock publically sometime this month and would likely be valued by the stock market something like $100 billion. It could start officially selling stock on May 18th.
California is looking forward to both the Yelp and Facebook IPOs in the near future. One analyst estimated it could bring as much as $2.5 billion to the financially struggling state.
Yelp, the website that offers up user reviews for everything from restaurants and bars to barbershops will soon get its own review of a different and perhaps much harsher kind.