Facebook to begin marketing its IPO

Facebook expects to begin marketing its initial public offering to investors as soon as next week, according to a person with knowledge of the matter.

Facebook executives will use the so-called road show to outline their business to prospective investors, a process that typically ends within about two weeks.

That timing indicates Facebook could complete the sale before the end of the month, after updating its IPO filing with regulators by the end of this week. Facebook filed in February for a public debut that could give it a value of $75bn-$100bn.