What Is the Reason for the Disastrous Facebook IPO? Pros Answer!
BizzTeams asked this question to many featured exhibitors at Online Marketing Show in London. That's a very topical and, to be honest, a kind of ironic thing. Many of us now wonder what happened to this Dot-сom Giant - and what future is waiting for Facebook. Listen to professionals giving their opinions on the subject!
Facebook is a social networking service and website launched in February 2004, owned and operated by Facebook, Inc. As of May 2012, Facebook has over 900 million active users, more than half of them using Facebook on a mobile device. Facebook, Inc. held an initial public offering on May 17, 2012, negotiating a share price of $38 apiece, valuing the company at $104 billion, the largest valuation to date for a newly listed public company. However, as of July 30, its share price was only $23.90.
You can also watch many professionals answering other BizzTeams' topical questions one by one: