3 Ways Facebook Could Spend Its Fortune

NEW YORK (TheStreet) -- With rumors Facebook may file to go public as soon as this week, people are speculating on how Facebook would use the cash. Acquisitions, international expansion, and perhaps expanding its mobile strategy could all be ways the social networking site spends its newfound wealth, said experts.

This initial public offering has long been awaited, and according to Scott Sweet, senior managing partner at IPO Boutique, "it will be the biggest Internet IPO in history and demand will be in the astronomical phase."

Facebook is expected to go public in the spring, with April to May being the conventional wisdom.

With the expected $10 billion IPO, in addition to the money Facebook has already raised in previous funding rounds, its cash hoard is significant enough to make it a major player in Silicon Valley.

"They've [Facebook] put it off this long because they don't need the cash," Bryan Keane, co-portfolio manager of the Alpine Global Consumer Growth Fund (AWCGX) said in an interview.

When Google (GOOG) went public in 2004, it only raised $1.67 billion, which pales in comparison to the reported $10 billion Facebook may raise.

Here are three ideas for what Facebook could do with the mountain of riches it may reap from its IPO.

1 2 3 4 Next › Last »