Social networking site Facebook Chief Executive Officer (CEO) Mark Zuckerberg is in no hurry to make the company public, a media report has said.
In an interview to The Wall Street Journal, Zuckerberg said the company would go public eventually but, "we are definitely in no rush."
Zuckerberg could wait for sometime to launch the company's initial public offering (IPO) as it doesn't need huge cash reserves to build factories, a global distribution system or a massive marketing machine.
"If you don't need that capital, then all the pressures are different, and the motivations (to go public) are not there in the same way," the report said citing Zuckerberg.
According to the publication, Zuckerberg has refused several acquisition offers including a $1 billion offer from Yahoo! in 2006 and an overture from Microsoft Corp that was worth a possible $8 billion or more.
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