Facebook to go Public this wednesday

www.dailymail.co.uk...

Facebook's highly anticipated launch as a publicly traded company could happen within days. In what would be the most hotly anticipated consumer technology offering for more than a decade, Facebook could start the process for an initial public offering of stock as early as Wednesday. The social networking site - which is expected to hit one billion users this year - would join McDonald's, Amazon.com, Visa and Bank of America Corp in the top ranks of the largest public companies in the world. Read more: www.dailymail.co.uk...

They are saying it is worth 100 billion, will the quality of the website decline after it now is motivated by profit as opposed to user experience? Surely this will make lots and lots of millionaires who own facebook stock.

reply to post by THE_PROFESSIONAL


I highly doubt the number of their users. After some of their antics everyone I personally know has cancelled their account. I suspect that a lot of people who haven't are using it a lot less. I would give up the net entirely before I will use them again.

facebook going public
groupon is also a falling knife


this must be the 2nd wave of the dot.com frenzy
and all the analysts cite Apple & Google as the examples of where the technology sector is headed


i've been incorrect before, but data accumulation is not the pot-of-gold that its let on to be
studies might finally come out that prove there is 90% less positive marketing involved with those two examples (groupon & facebook) than it is hyped to be

which are the 'milestone' business' and which are the 'millstone' around one's neck kind of business'



i got AU

I'm not surprised about this, and I think its been about money for a long time despite what Zuckerberg would have everyone believe. The quality decline started the day FB started having advertisements.

In fact, Zuckerberg gave the keynote speech for a builderberg conference, and in my opinion, two bergs don't make a right

i already think the quality is going down. there are people complaining about the upcoming upgrade to a timeline layout and most people don't want it but they have no option to keep as is. if you don't listen to your users now, what makes you think they will listen to their users in the future?

Going public is a sure way to undermine the publics interest in the business... if there's one thing that is certain it's that stock holders CANNOT make sane judgement calls for what is best for the company in which they hold stock.

It also shows that the people behind Facebook have seen the future and that Facebook might not be a natural part of that future. I rarely use my account anymore, other than to blab poliitcal propaganda to the people in my circle.
The coming events that will shape Facebook into forcing a timeline down your throat will mean that a lot more people will take their exit rather than having a testament permanently printed on the online pages of time.
I for one will have to go through the last 2-3 years of posts sifting through one mindless post after another (yes... of course I have written something that I won't stand by in 2-3 more years).

Stocks are poison to the world economy and kills the lower class.

reply to post by redrose123


They have a lot of active users.. I don't believe for a second that all 750 million are active, but they certainly have a lot of accounts.

The problem with Facebook is that .. it's a fad. A new technology with a new look will come along and take it's user base. Personally I use google+ more and more because I despise Facebook as a company. But anyways.. there are a lot of .. issues.. with their valuation. Current market valuation is about 87 billion dollars, they claim estimated profits of about $1b a year. Essentially Facebook is trying to take over Google as top web advertiser, where they make most of their money. I personally just don't see that happening.. I'd hop on the IPO bandwagon, but I don't expect long term profit growth. Who knows, I could be wrong.. as FB gets more cash they will have a ton of money to push into R&D

The launch had came and went. Nothing spectacular, as most casino gamblers knew that at the offering price, it would mean FB needs to further launch creative ideas to gain market advertising share with its millions international free subscribers/target audiences.

FB had done a good job in attracting customers. And over the years, it had tried to improve/upgrade upon its technology.

BUT, thats not the TRUE direction needs to head.

1. FB distinctively gained worldwide recognition when it dealt with social issues. It was the Burmese burning monks protest that helped, attracting international support to condem the repressive Burmese junta rulers. Even noble peace prize winners joined FB to voice their displeasure.

From there, the rest was history. Unfortunately, FB had lost its direction, flip flopping on issues, and not daring to make a stand the way it did during the Burmese Monk protests. It even support efforts to stifle the net, and for that, it clearly shows how timid the founder of FB is, ever ready to buckle to TPTB.


2. Metaphysically, every human has a role to play. Some given far more responsibilities than the average man. Bill Gates was one of such humans and he did perform his role well. He led the internet revolution personally. FB Zuckerberg is the next wave, to create social awareness, of a scale beyond thought possible today, with his intelligence, not just tinkering with updates or upgrades in FB software codes.

FB has reached millions in the world. The next target should rightfully billions around the world. Perhaps with lingo translations, or perhaps some form of alert over social inequities that need to be brought to light asap, akin to twitter, but on a larger scale that twitter cannot handle.

Point is FB must not lose focus on the gift that he had been given and intended for. If he earned billions through advertisement revenues, it is a bonus, but there is a higher purpose that FB had been intended for, not just tweeks, and will earn even more with more hooked onto FB to drive progress and evolution to the far corners of our world. And may he be socially responsible when he earns more.