Facebook May Put Off IPO Until 2012 [REPORT]

Facebook may postpone its initial public offering until 2012, Bloomberg has learned from three sources familiar with the matter.

Facebook CEO Mark Zuckerberg has always been very careful on the subject. “At some point along the path, I think it’ll make sense to have an IPO. But we’re not running the company to do that. We’re running the company to serve more people,” he said in an interview with ABC's Diane Sawyer recently.

Facebook's IPO has been one of the burning topics in business circles over the last couple of years. With the company's revenue (and valuation) rising swiftly, Facebook is poised to become the next Google, whose initial public offering in 2004 was wildly successful; the company has increased its market capitalization fivefold since then.