Facebook Readies IPO Filing

Here are the nation's top IPOs, one of which belongs to a Motor City company. UPS is the largest package-delivery company and the second-largest cargo carrier after FedEx. The company raised $5.47 billion in its IPO on Nov. 9, 1999.

By Lynn Cowan Of DOW JONES NEWSWIRES Unprofitable biopharmaceutical firm Verastem Inc. (VSTM) rose nearly 11% Friday after boosting the size of its initial public offering. The company's stock closed at $11.09 a share on the Nasdaq, up 10.9% from its

By SHAYNDI RAICE and RANDALL SMITH Facebook Inc. could file papers for its initial public offering as early as next week, people familiar with the matter said, as anticipation mounts for what is likely to be one of the biggest debuts for a US company.

And if the IPOs keep coming, venture fundraising should continue to benefit. But an outright venture capital renaissance is a ways off, writes Jannarone. First, the number of funds raising more money actually declined from 203 in 2009 to 139 in 2011.

The long-awaited tech IPO of the year — perhaps of the decade — is on. Facebook will file its paperwork for an IPO on Wednesday.