Wednesday, February 1, 2012

Facebook shoots for $5 bln in mega-IPO



I fear for what would happen to Facebook soon as it becomes a traded company - meaning, with shareholders now having the power to influence company decisions, would the company be still as innovative and edgy as it has been these past few years of its rapid growth? Normally, when these companies really become big, they tend to become like turtles - involving so much layers of decision-making just to keep the ball rolling. Anyway, an infusion of new money could help it up its ante but I hope the company doesn't go the way of other "huge" companies with bloated layers of unnecessary decision-makers.

Facebook shoots for $5 bln in mega-IPO

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