Thursday, February 2, 2012

Facebook IPO



Facebook has managed to once again change the social media scene. “Facebook on Wednesday filed to go public and raise $5 billion in what could be the largest-ever Internet IPO.” This is an amazing feat for Facebook and this announcement has also managed to put a high value of worth for other social media sites/companies. There really isn’t a whole I can say on this subject right now because I am just so excited to watch how other sites handle this. For example, Mark Zuckerberg announced that Google, Twitter, and Microsoft were some of their biggest competitors, stating that actions these companies take over the next year could have an effect on the FB stock. Here isa link to a great article that explains everything. Let me know your thoughtson this. A Facebook stock could really change the market. LEt me know what you think!

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