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Yesterday Facebook’s Mark Zuckerberg rang the NASDAQ bell remotely from Facebook’s California base to put Facebook on the stock market. Facebook being on the stock market means it’s now worth $82/£52 billion. The video below is the moment when Mark Zuckerberg rang the NASDAQ bell to start trading.
Now Facebook can invest into generating easier, quicker and safer ways of sharing things that we do every day with our friends and family on Facebook. Also Facebook will be looking into their advertising programme to make it it easier for businesses to place adverts on Facebook also less intrusive on the user. More people using the website as Facebook will be trying to get the government block on Facebook lifted in China.
As Facebook has over 12% of the entire world using it’s website to share, it’s now harder to get more users until Facebook gets unblocked in China. Facebook will have more advertising interpting your day on their website to generate more revune to please their many investors. If Facebook doesn’t keep their investors happy then their share price will fall which will make the company less valuble which will mean cut backs on everything.
Facebook is affecting the world and you, I predict that they’ll be bringing out newer and easier ways of sharing on mobile devices also they’ll be making it easier for businesses to place adverts onto their website. The competition Google+ and Myspace aren’t the competition any-more as Google+ is a social networking site that only 170 million people use, they have a great search on the network for news and people but it’s very social due to the number of users. Myspace on the other hand after is moving towards music and television to be social.
Do you think that Facebook becoming a public limited company is a good idea, leave your comments below.
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