Facebook’s IPO: The Killer Company’s Decision That’s Killing Itself.
Recent news have directed us straight to the source of a very popular website. So popular, this service is now estimated towards $100 billion. Facebook, the largest raving sores, against Google is now up for grabs as users will have chance at owning a piece of the company. But how will this affect us users? We know the site to be privately owned and operated, but when a company files for IPO, the founder doesn’t own the company anymore. We are wondering why such a spectacular company would push people to own it. This could affect terms of service and privacy policy, also. The company says it may be coming this week. The substantial debate has hit the internet by storm as many people pass incredible rumors. Bit these rumors, if said are true, could either lead Facebook ahead or far into ruins, back from where it is or should be. The service’s $100 billion IPO hits record as 6th largest in the world. It plans tow raise a $10 billion next week for the IPO. We don’t have many sources, or any yet that have confirmed the rumor fact, but we’ll stay on top. Mark Zuckerberg may either be winning the company or losing it as his position will be pushed towards the public, with popularity of the company. Will they file, or hold back? More news will be coming next week.