Investors still waiting for Facebook IPO papers

CNBC's Julia Boorstin takes a look at what exactly a potential Facebook S1 filing would tell investors about Mark Zuckerberg's company.

By msnbc.com staff

Facebook isn?t making any friends with the likely delay of its IPO filing until after the market closes today.

The much-anticipated initial public offering, rumored to raise $5 billion, had Silicon Valley and the investment community at the edge of their collective seats, only to get this news from the Wall Street Journal?s All Things D: Facebook ?will likely not file its copious documents until this afternoon, after the markets close, at the earliest.?

Excitement surrounding the IPO this morning on social media sites, including Twitter, was like expectant parents waiting for a baby to be born. A rich baby.? Estimates for Facebook?s value have been as much as $100 billion.

BusinessGuyTo tweeted: ?Waiting for?#facebook?to file this?IPO! Its going to be a big one, any ideas where it's going to start??

According to Kara Swisher of the Wall Street Journal, it won?t be starting soon.

She wrote this morning: ?Sources said the filing could even possibly slip a day, as the company?s suits get busy with dotting all the I?s and T?s."

"This is just conjecture but my guess would be that they are delaying because they have seen how previous companies have been scrutinized because of the information they?ve reported and how they?ve reported it when they initially file,? said Jeremy?Carpenter, financial adviser at Investor Solutions.? ?They don?t want to come under the same kind of scrutiny so they are being very careful.?

The time wasted may be worth it for some if Facebook?s IPO can rise up to the hype.

Join the discussion on The Bottom Line's new Facebook page

Related story:

Facebook to file scaled-down IPO-reports??

?

Source: http://bottomline.msnbc.msn.com/_news/2012/02/01/10289491-facebook-may-delay-ipo-filing-wsj-says

julianne hough chris cook nest williams syndrome jay leno lindsey lohan reed hastings