Now THAT'S a million-dollar smile. Quite literally.
In fact, that's a potential BILLION-dollar smile. Facebook has just been documented at the top 10 list of IPO candidates for 2010. Mark Zuckerberg’s creation that originally started in a college dorm room has now expanded to 400 million account users and is profiting more as it hits their IPO goal.
However, The Wall Street Journal published an article that revealed Mark Zuckerberg’s hesitation to going public – despite everyone else’s interest. It also reported that Facebook executives estimated revenue for this coming year to reach between $1.2 – 2 billion. Whatever the number is, we know for a fact that it’s big. Now that’s a pretty penny.
Another update that Facebook and its users can look forward to is the tool that will provide your physical location with Facebook. Zuckerberg also has a tendency and liking toward “delayed gratification” because he has control over all of Facebook and when the site will ultimately IPO. At this point, what Mark decides is the last say.
Additionally, the article from TechCrunch provided some “gossipy” stories about Zuckerberg and his business antics. One of the Facebook engineer employees wrote an internal memo entitled “Working With Zuck” that warned others about Zuckerberg’s acknowledgments. Mark Zuckerberg isn’t one to pat a fellow employee on the back for creating something innovative. He thinks that moving forward is just natural progression, whereas reaching your goals the first time, every time is the right model to adopt.
Facebook means business.
I'll be interested to hear what you think about how Aaron Sorkin portrays Zuckerberg in "The Social Network". It's not exactly pretty. I'm sure you'll be reading the script voraciously while you're in Cancun :) Have the best time!
ReplyDeleteI don't know about you all but I'd work for Zuckerberg in a heartbeat. I'd rather be in a business that is changing the world and making money than one with a nice guy that pats me on the back.
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