Facebook projected to hit 1 billion users—just in time for its IPO

And that’s around the time the company is expected to go public. #timing

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A report from iCrossing is forecasting that Facebook will hit 1 billion users by August—a milestone on its own, but one that’s particularly important because reports suggest that it will nearly coincide with the social network’s initial public offering. This chart from the iCrossing report shows Facebook’s current and expected growth:

The most recent reports say the Facebook IPO is expected in the third week of May, although that could be delayed depending on when the company files and whether it hits delays from the Securities and Exchange Commission. (It took Groupon five months from when it filed to when it went public.) This month, AllThingsD reported that Facebook had selected The Brunswick Group to handle its investor relations.

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