Search GoXtra News

Editor's Choice

HP’s Next Generation OfficeJet Pro Enables Micro Businesses to Print Like a Pro

HP Smart App puts power of a printer in the palm of your hand JOHANNESBURG, South Africa, Aug 8, 2017 — HP Inc . (NYSE: HPQ), the glo...

Sunday, August 12, 2012

Should advertisers worry about Facebook’s recent 83 million “dubious” accounts announcement?

Mark Zuckerberg could not have anticipated the current media onslaught when he listed Facebook on the Nasdaq in mid-May this year. The young man has seen off at least one bruising legal battle in the recent short history of this thriving social network, but that era may not come any close to the relentless heat that he will be feeling for the foreseeable future.

First, about the investors and the raw IPO deal

As Zuckerberg is learning, going public means you cannot avoid closer scrutiny of the scandal-hungry media. Unfortunately for him, the road leading to Facebook’s listing was already fraught with self-imposed potholes. Take for instance the fact that there are things that should have been said to all investors at the time of listing to temper their expectations of Facebook’s future growth prospects, but apparently only a select few of them were made privy to such information. The alleged reason for concealment from all the other investors is that this was going to impact negatively on the listing share price that was $38 at the time. As the media started peeling off Facebook’s skin and finding out the adverse information themselves, the share price followed by a steep decline, currently at more than 50% since listing, and this has left a lot of investors aggrieved.


To read more click here (Guest Column)


See our Digital Platforms (GoXtra News): Facebook | Twitter | GoTv Channel

Send us news|Press Release to: news@goxtranews.com

©The views expressed above DO NOT in any way represent GoXtra News, but that of the concerned writer. In publication errors and for editorial editor@goxtranews.com. For more information send your email to info@goxtranews.com.
Related Posts Plugin for WordPress, Blogger...
Twitter Bird Gadget