We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Facebook IPO - Article Example

Comments (0) Cite this document
Facebook will be making one of the richest Initial Public Offer (IPO) for a technology company in the world on Friday of May 18 2012. Facebook stocks will be traded for $38 per share…
Download full paperFile format: .doc, available for editing
Polish This Essay93.6% of users find it useful
Facebook IPO
Read TextPreview

Extract of sample
"Facebook IPO"

Download file to see previous pages This will make Facebook the world’s leading social network by capitalization considering that its value will stand at $104 billion at the share offering. The social network is on course to raise $16 billion through its initial public offer. The company will certainly rank among major share offering in the United States taking into consideration that Facebook stands third behind Visa and General Motors. The IPO has undoubtedly portrayed a profound revolution and growth of the company, which was formed eight years ago in Harvard as a dormitory project. The social network will be issuing 420 million common stock shares of which Facebook will sell 180 million of its share while an additional of 241 million shares will come from previous shareholders. After the initial public offer Facebook will be ranked among the most valuable US technology corporations, where key players such as Amazon, Google, Cisco and Apple owns the majority stake in the industry. Background Facebook is the widely known and used social network. Facebook first entry was in 2004 and had accumulated over one million users within one year. Statistics shows that the number was around 100 million users in December 2008 and 200 million in June 2009, which is doubling of the figure in six months period. Currently, this social network is globally recognized and available in 4 languages (English, French, Spanish and German) and sources say it is spreading its wings to include 22 more languages (Weir, 2008). Facebook is preferred for its user-friendly applications, such as Facebook Online Chat, launched in 2008 and this feature is a popular real time messaging market applications. Facebook is a global with hundreds of millions people using it to inter-connect and check in on friends/relatives, upload photos, share videos and links, meet new friends and have updates of how their friends are fairing (Facebook, 2010). Market Competition According to Nick Wingfield, author of the article, Apple vs Facebook, these two companies are not big rivals or competitors. According to the author the companies’ relations is comparative to the relationship between United States and China. These companies have immense powers in their own right. They are neither friends, nor hostile to each other. The apparent reason why Apple and Facebook are not rivals is because Facebook don’t develop operating system, computers, mobiles and tablets. Implications for Competition (Rivalry among the Companies) Apple’s social network, Ping, is not such popular apart from its users who have musical preferences on iTunes. It is obvious that its creation was not meant to challenge Facebook. Apple’s late CEO, Steven P. Jobs, professed that he admired the Facebook CEO and co-founder Mr. Mark Zuckerberg. He hailed praises to Mr. Zuckerberg for his role of trying to build a lasting Silicon Valley company and not selling it. Recently, tension has been realized between the two companies. After Ping introduction to the market two years ago, the two companies could not agree on how to integrate Facebook with the Ping services. This would have enabled users to use Ping to interact with their Facebook friends. Mr. Jobs told one of the reporters that Apple could not work with Facebook on the Ping issue as Facebook was demanding difficult terms they could not agree on. Strategic Alliances Facebook launched alliances in the summer of 2008, with Netflix and Apple to promote Facebook Connect. With regards to Apple, the platform allowed Apple to use Facebook Connect to promote its products. Netflix members were able to link their Facebook and netflix accounts through the Facebook Connect. This helped to expand communication by making it possible for Netflix users to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Facebook IPO Article Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/management/1451501-business-news-event-articles-summary
(Facebook IPO Article Example | Topics and Well Written Essays - 1000 Words)
“Facebook IPO Article Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1451501-business-news-event-articles-summary.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Internet and social media
Social media and personal identity: Internet means much more than a source of information and exchange of emails to a lot of people in the contemporary age. In fact, some people feel more convenient to socialize with their friends and peers through social media than face to face.
2 Pages(500 words)Article
Document Security Systems Enters Massive Lawsuit Against Facebook
Bascom Research, LLC, an entirely owned branch of Lexington Technology Group, Inc. is seeking a legal suit for infringement of a patent against five major social and commercial networking firms inclusive of Facebook, Inc., and LinkedIn Corp in the District court of the United States in the Virginian Eastern District.
3 Pages(750 words)Article
The sites have enabled users to exchange ideas, post updates, make comments, and participate in activities and events (ITU 1). The form interaction usually occurs between people sharing wider interests such as friends and groups in places like schools. In fact, most of these sites traces their roots in colleges and were meant to ensure effective interaction among students.
8 Pages(2000 words)Article
Online Obsessive Relational Intrusion: Further Concerns About Facebook
Through conducting an online survey, the authors solicited the participation of 230 respondents of a Canadian business university. The results indicated that there are indeed levels of intrusive behavior
1 Pages(250 words)Article
The remarks by the CEO of Chick-Fil-A sparked many reactions from the public and especially, the LGBT activists. Some of these reactions were not very positive especially, because they
2 Pages(500 words)Article
Is Pinterest right for your business by Jacquelyn Cyr
One can also do social listening with Pinterest, by creating boards and sharing content. It is different from other networks in that it does not only share content, but produces content. One can share one’s own shots as well as of one’s
1 Pages(250 words)Article
Alibaba company
Because of this, Alibaba Company resorted to IPO which was share sales. This is a transformation which the company has never encountered and it was pushed by the need to effectively manage the operation in the ever changing global market. Other company’s
3 Pages(750 words)Article
Facebook IPO

The organization builds lockup periods wherein existing shareholders are not permitted to offer their possessions. The design is to make help for the stock, seeing as how on numerous events the biggest holders are insiders and the individuals who claimed preceding the organization getting to be open.

3 Pages(750 words)Case Study
Discussion Topic -Forum for Current Events
ing a fake Facebook page that contained a photograph of her half-clothed.” Indeed, this fake page was created with the intention of catching Ms Arquiett’s boyfriend since she was arrested and accused of being involved in a drugs ring in 2010 (BBC News). However, this did not
1 Pages(250 words)Article
there is a dire need to understand different roles of social media; how it is a pro-social media which assists people in problem solving or during an incident. There are few researches available, which comprehend social media in this particular role. The need is to conduct a
3 Pages(750 words)Article
Let us find you another Article on topic Facebook IPO for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us