Facebook IPO could redefine the social media market
Via Scoop.it – internetbillboards
Facebook could file to go public as soon as tomorrow, and its offering could raise up to $10 billion — enough to revive a tepid market for Internet stocks, analysts said, and seed the ground for future offerings from social media companies like Twitter or Yelp Inc. Facebook’s market value may reach $100 billion, placing the social media giant on par with such corporate titans as General Motors Co. and Visa Inc. Initial public offerings from social media companies have been underwhelming. The daily deal site Groupon Inc., professional networking service LinkedIn Corp., and online game maker Zynga Inc. all went public in 2011 to great hoopla, but with disappointing results
Via www.boston.com
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Content Curator Tom George
Founder and CEO of Internet Billboards pioneering inbound advertising. An avid content curator who enjoys finding digital gems out there in cyberspace and sharing them with others. You can also find me here http://www.scoop.it/t/internetbillboards
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