This year Facebook is
on-track to reach 1 billion users and it’s the greatest success stories of the
internet revolution itself.
After Google Facebook
is the second most visited site on the internet. YouTube is on third and Yahoo!,
Baidu, Wikipedia, BlogSpot, Windows Live, Twitter and Amazon are coming in rest
of the top ten.
Everybody
knows that Mark Zuckerberg a student of Harvard, who joined with a couple of
friends, launched the Facebook in 2004. The idea is to find schoolmates and connect
online to them. Now facebook claims more than 800 million active users across
the world.
The Wall Street Journal reports that
Facebook is preparing to file initial paperwork for an offering that could
raise as much as $US10 billion ($9.38 billion) and value the company at $US75
billion to $US100 billion.
But 100 billion
dollars? What does this mean? Facebook offers free services to consumers, users
and companies to join, interact with each other, to become FAN, to publish
their stories, photos and videos. Of course facebook’s central attempt to
popularize their advertisements is successful way of generating revenue.
Facebook has millions
of "friends" -- but when the company will go for public in nearest time,
the big question will be whether shareholders are among them or not because a
lot depends upon facebook’s revenue and their plan to increase the same.
So, the quwstion is
do you really think it is worth investing in Facebook? Please post your
comments and let us check whre Facebook is heading with this IPO!