Blog
Unit 1 Micro: The Facebook Floatation
3rd February 2012
Is the business truly worth the astounding estimated market value when Facebook finally completes an Initial Public Offering? Will profit be paramount or will Facebook have other key objectives beyond the bottom line? Can the explosive growth of the business be maintained or will concerns about online privacy act as a major drag on revenues and profits?
The selection of news videos on proposals for Facebook provide some interesting background and asks whether Facebook can maintain their success once they become a public business. Ed Conway from Sky reflected on Twitter today that, in the last week, the Bank of England has spent more than $5 billion - more than enough to have bought the initial public offering for Facebook and kept some change into the bargain.
See also
See also
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.