Facebook files an IPO that worth $5 billion dollars. According to rumors, the going to public of Facebook does not center on profit alone. The mind behind Facebook, Mark Zuckerberg, said that their main reason is a mission. He wants to change how people socialize and how the people shall interact with its Government by developing more its platform - thus, entails that money.
To some critics, they said that Facebook comes to its rapid company maturity however, is still very young to be in public as compared to other established companies that are already in the system. Critics did not discredit the fact that Facebook is phenomenal, it is the first time in tech history who reach its peak and is continuing to grow tremendously - but not going public. As they have said, the question lies not on the present glamour of Facebook, but the real question is, does going to public of Facebook assures high percentage yield in its stockholders? To some, unless Facebook do something new other than the "like" thing, and presenting it to the public with all clarity that that "something new" has to offer with higher yield in the future, then it might gets lot of "like" from investors.
Other critics think that perhaps, Mark Zuckerberg are threatened already with its major competitors like google and apple and the want of having more is the prime mover to this talk of the town filing of IPO and not on the mission thing.
According to John Battelle, an entrepreneur and a renowned author and journalist who have number of engagement interview with Mark Zuckerberg, he pointed out that it happens to some big people in the market like Steve Jobs and the like including of course Mark Zuckerberg - they tend to reach to a point wherein money alone does not really matters, what matters then is that sense of self longing to be of service to society, to have a great impact that offers good to society. That's what Facebook is imploring now, he said.
A point of clarity here, the IPO is still on its filling process with the security and exchange commission as to the intent of offering it to public. It takes several months for it to be officially public.
One great question is, how much is the price per stock? The answer with that would be, let's wait until they are officially recognized by the respective authorities because that is the time they will pronounce the stock price of Facebook.
One more thing, What is IPO by the way?
IPO stands for Initial Public Offering. That's when a certain company intends to go public in stock exchange. The amount they offer to public is usually for added capital and development of their company.
Now here are the questions for you guys,
Does we have Initial Public Offerings (IPO) here in the Philiipienes? If yes, how does the Initial Public Offering be constituted in the Philippine setting? Is the IPO open to all? I mean, can anyone like you and me can do IPO? What are its requisites for it to be constituted
