Showing posts with label Mark Zuckerberg. Show all posts
Showing posts with label Mark Zuckerberg. Show all posts

20120202

Facebook's Initial Private Offering

Dear Friends and Neighbors,

My Wall and Wall Street are about to become an item: we're all going public, and you'll have to issue a profit warning each time I unlike you nth kitten picture.

Yet Facebook Initial Public Offering remains a non-event: Facebook has been milking our relationship from the beginning, and even with his 11M+ friends, Mark Zuckerberg has never been much of a philanthropist. The question was "when", and the answer is "now".

Now the other question remains: until when?

It doesn't have to come from the next big thing (a 4D, 5G meshroom cloud? the SOPAtriot Act?): remaining at the top happens to be difficult, even for a free, pervasive platform. And even a 800 pound gorilla can get off your back (I recently mentioned the potential Tripodization of Facebook: "Cloud Portability"). Furthermore, money won't do you much good without a vision. Look at Rupert Murdoch, who after losing over half a billion bucks on MySpace, delivers his pearls of conservative wisdom* for free over Twitter. And speaking of doing good: Google started being evil after its IPO...

... Come to think of it: Zuck started as a bad guy.

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*if such a thing exists.
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