"Don't hold your breath" for Facebook IPO: Zuckerberg
Facebook is poised to transform an array of businesses including news, movies and music but it is nowhere near issuing stock, its celebrity co-founder said Tuesday."Don't hold your breath," Mark Zuckerberg quipped when prodded during an on-stage chat at a Web 2.0 Summit about when privately-held Facebook would have an initial public offering (IPO) of stock.Zuckerberg said that he and his relatively small team of about 300 engineers is busy building Facebook into a hub for the kinds of online social sharing that promises to infuse and transform all types of industries.
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