Facebook will list with Nasdaq and could raise $10 billion according to many people familiar with the IPO
Nasdaq, has been competing with NYSE Euronext Inc., for many IPO’s. According to senior correspondent for the Fox Business Network, Charles Gasparino, the NASDAQ win is due to a "cultural fit" and the fact that Facebook board members have connections to NASDAQ. Today's online article at A Wall Street Journal article titled “Facebook Tags the Nasdaq” mentions how many believe that Facebook’s offering (IPO set for May 2012) could raise $10 billion -- the biggest U.S. Internet IPO since Google in 2004
It's surely a big step made by Facebook to collaborate with the IPO sector - NASDAQ, they will surely gain some more popularity, but not everything goes as planned, they may have to face consequences for this step.. Who knows.. I think it's not a good idea to go Public on such a way.
ReplyDeleteFacebook is still one of the most popular social networking media, but due to the overcome of business enterprises in Facebook and the decision of going public in such a way can effect the social environment and the sharing of privacy, and people may be discourage to use Facebook as much they are doing presently.
ReplyDeleteWell, just my opinion..
I really don't know why Facebook has been making some major steps nowadays like collaborating with NASDAQ and buying Instagram. It seemed like a good strategy and a long-term planning, but I don't think it will prove beneficial for social people, as it is more concerned with the business stuffs, and it will go in vain if there are no people liking the fan-pages and reading the posts.
ReplyDeleteWell, on my opinion this is a very step made by the team of Facebook and this really proved that they are surely the social giants and hardly any other competitors can even come close to them.
ReplyDeleteIt's surely a great idea investing in the Facebook stock because social networking sites never go out of fashion, and Facebook will never go down !
Hmmm... I agree with the statement made by David, cause the concept of social networking will never go down. The society will always remain, and the development of technologies just leads to make your far friends closer to you.. Not only the people but business have a lot of advantages making their page in Faebook and getting more and more fans.
ReplyDeleteSo, yes investing in Facebook is the most smart step you can undertake.. If you are rich enough ;)