Facebook To Go Public?

The Wall Street Journal recently announced that Mark Zuckerberg will be ready to take Facebook public in the second quarter of 2012.
Right now, there’s a lot of speculation about what this will mean for businesses.

What do you think?

 

I don't think its going to mean much to any business other than FaceBook. While FaceBook is (now) the leader in social networks who knows what the face of the internet will look like in 5-10 years. FaceBook's survival will depend upon sound business decisions over the next few years. They now have the capital for acquisitions and can diversify in many directions.

A case in point is AOL. AOL was really one of the original social networks on the net. The trouble was their software would crash your computer. I used to tell people the two worst things you can do to your computer is either intentionally download a virus or install AOL. But the company made some very good business decisions such as the merger with Time Warner (they are now separate again) that have insured their survival.

So as far as buying shares of FaceBook? It depends on their management team. As a social network I personally think they are at their peak and everyone is trying to knock them off the top of the heap. As a company? It remains to be seen.

 

Facebook is one of the best online business promotion networking site

 

I agree with previous orators, its needs to be seen how the whole process of being a Public company will affect Facebook. What I like about Facebook is their innovations, not the same boring site as a few years ago. They are at their peak, but moving to be better (unless some other social network reemerge).