Thanks to Goldman Sachs recent investment, Facebook is now valued at more than $50 billion, while MySpace announced huge job cuts last week. Zuckerberg has continued to maintain control of the company, but it is likely that Facebook is growing so quickly that he will be forced to go public. Any thoughts?? What will happen to FB if it goes public?
Goldman Sachs Boosting Facebook Value
- Thread starter BlogDiva
- Start date
Assuming the stock price remains high, zuckerberg will get richer and more egotistical. However, if the stock prices crash, he will get "less rich" but still more egotistical as he will claim it wasn't his fault and point out how well tge company did when he had full control.
If it does go public, I'd expect the legal expenses to dramatically increase as those high priced corporate lawyers go nuts trying to 'fix' the privacy issues and related corporate risk to FB. Expect a user agreement that's about 30 pages long.
If it does go public, I'd expect the legal expenses to dramatically increase as those high priced corporate lawyers go nuts trying to 'fix' the privacy issues and related corporate risk to FB. Expect a user agreement that's about 30 pages long.
I supposed he has earned his egotism though??
D
djbaxter
Guest
No, I think he had that before he stole an idea and became rich.
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