By now everyone with access to the Internet (and even a lot of people who don’t) are aware that Facebook filed for an Initial Public Offering.
If every other social networking platform in the history of the web is a guide, this signals the beginning of the end for Facebook. Private corporations are freer from the pressure to drum up wads of cash in the short term than publicly-traded companies. They are also more resilient in the face of economic challenges than private companies because they can absorb a period of shrinking profits instead of scrambling to implement drastic measure (like mass layoffs) to quickly cook the books for a pennywise short term jump in profits.
Here’s why Facebook will suffer from the rush to monetize the gigantic community of users it has amassed: Read more…
"...and you shall have no pie."As my parents tell it, when I was an infant my first word wasn't a word - it was an entire sentence. Very little has changed.
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