Facebook IPO touted the most successful offering after Google in 2004 – Part 2
Tuesday, May 15th, 2012 5:36:44 by Usman KhalidOrkut was in the market before Mark Zuckerberg even hatched the idea of Facebook. But even in the presence of a social network, which was a big hit in Asia, the most populated continent in the world, Facebook surpassed its number of users in a matter of few years.
Google’s network by the name of Google+ is another example in the latter context. G+ was officially launched in 2011 and even though it has reached the mark of 125 million users in such a short period of time, experts are of the opinion that it will never match Facebook’s success.
Therefore it can safely be said that Facebook is utterly irreplaceable, which is reassuring enough to the investors who are interested in the IPO.
Though Facebook is at the fringe of reaching the 1-Billion milestone, it will never be the end of it. The network is ever-growing in every sense of the word. More and more people are pouring into the club. Advertisement has never been this easy and target oriented.
Several researches have shown that more user spend time on Facebook than any other online portal and more users accept adverts and unsolicited messages on the platform than any other on the internet. This means growth in other words.
All these facts are just the tip of the ice berg, which what Facebook really is. The IPO is just going to augment the company’s power that has many projects like signature tablets and smartphones in the pipeline. Rumours even go on to say that Facebook might launch its own mobile operating system based on Android, like what Amazon did in Kindle Fire.
All these are icing on a well baked cake that Facebook’s IPO is going to offer. However, no one can depict the future, only predict it. Only time will tell if the above premise becomes true or eats the dust.
Tags: 2004, facebook, google, ipo, shareholders, social network, stock marketShort URL: https://www.newspakistan.pk/?p=22371