Facebook Going Public In 2012
November 28, 2011
Wow. Don’t you wish you’d thought of it? The Wall Street Journal, as well as virtually ever other business expert in the U.S. is standing by for sales of shares by the one entity which could outdo GOOGLE.
Here’s a great story on its visionary, Mark Zuckerberg, and his fascinating success. The only thing that would make it better?
If a woman had thought of it! This from the L.A. Times:
“Mark Zuckerberg once said he could not have built Facebook if he had not ventured to Silicon Valley.
Now he’s saying that you don’t have to be in Silicon Valley to succeed. In fact, if he started Facebook today, he says, he would stay in Boston. (He was a Harvard undergrad when he started working on it.)
His gripe about Silicon Valley: It has a short-term mentality. And Zuckerberg, who knows he will never have another idea this good again, is in Facebook for the very long term (thanks to Sean Parker).
But Zuckerberg acknowledges that Facebook may never have turned out to be Facebook if he hadn’t moved to Palo Alto. (According to Kara Swisher, Facebook, the world’s most popular social network, is closing in on 1 billion users).
“I knew nothing, so I had to be out here. Facebook would not have worked had I stayed in Boston,” Zuckerberg said Saturday during an onstage conversation at Stanford University with Y Combinator’s Jessica Livingston at an event called Startup School. “But I think that now, knowing more of what I know, I think I might have been able to pull it off.”
He added: “You don’t have to move out here to do this.”
It’s a nice theory, but just ask every place on the planet that is trying to replicate Silicon Valley -– the money, connections, advice, power, risk-taking –- and you’ll hear the same thing: The only place not trying to be Silicon Valley is, well, Silicon Valley. And Silicon Valley is home to many companies — Apple, Google, Oracle and on and on — laser-focused on the long term.
Speaking of Google, Zuckerberg said he was terrified “Google was about to build our product.”
“And look how long it took for them to build our product,” he said with a laugh, referring to Google+.”
Read more here: http://latimesblogs.latimes.com/technology/2011/10/mark-zuckerberg-facebook-boston.html
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