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Facebook list on nasdaq - Essay Example

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Summary
Although there have been other networking sites such as LinkedIn, the supremacy of Facebook cannot be refuted. This is attributed to the flexibility and sharing capabilities accorded by the site. From a…
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Facebook list on nasdaq

Download file to see previous pages... A good number of these individuals basically use it for socialization while an equally reasonable number of the users also use it for business. This is evident from the increasing number of pages dedicated to commercial reason or building company relations all which cements business revenue.
The Facebook functions increase the popularity of the site and business uses takes this popularity to a whole new level which is established when people look at the site as a revenue booster. Again, this brings in a totally new dimension beyond the social role; it portrays Facebook not as a social platform but a commercial site. This is the greatest disconnect with the regular Facebook user because the initial spirit seems to fade with passage of time. My initial view of Facebook, and notably that of the general public, was that Facebook was a purely social site thus when it transitions to a commercial site, then the prior views and its role fades with the transition. It soon loses its dominant role which is the single aspect that separated it from the likes of Google and Yahoo. The latter two companies defined their purpose as search engines early on in their operations. To me, this was the reason they have remained dominant to date. This is because the single role they undertook at the beginning is the very same they have stuck with throughout. Unfortunately, we cannot say this of Facebook since they seem to slowly deviate from the very role that made it famous (Wankel and Charles 280). Even though the numbers represent a perfect opportunity for investors to cash in, my greatest problem is with the social function; the social role Facebook has been associated with.
It is quite certain that with public listing, the company’s orientation will definitely change the scenario. It will initiate a change from revenue generation which has been the case to profit maximization. The millions of shareholders who will ...Download file to see next pagesRead More
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