Wednesday, September 01, 2010

Facebook IPO Promise And The Brain Gain That Brings

You can always expect Mike Arrington to write a snarky little blog post like this one.
TechCrunch: Google Making Extraordinary Counteroffers To Stop Flow Of Employees To Facebook: Out of control growth in users and revenue and a nearly certain IPO run in the near future. That’s when employee growth expands at the greatest rate for a company as it grows from hundreds to thousands and then tens of thousands of employees..... Facebook is quietly telling people, never in writing, that there’s no reason their stock won’t hit $100 billion in total valuation over the next couple of years. No guarantees, yadda yadda, but hey if you get 1/10 of 1%, that’s $100 million in stock. Now it’s a party
I think Facebook is waiting for the recession to truly be over before it goes for an IPO. Otherwise it is ready. It has been ready for an IPO for a while.

The IPO gold rush can be heady stuff. There is at least one obvious, big billionaire waiting in the wings, one they made a movie about. But Facebook is big enough that there will be a whole new crowd of super rich people.

And to think I once proposed a rapid fire Twitter IPO to end the recession. (Twitter Should Go For A Netscape-Like IPO)

Facebook Doing Location Is Like Google Doing Social, Almost


Google Making Extraordinary Counteroffers To Stop Flow Of Employees To Facebook
Gmail’s Permanent Failure: Only Humans Can Build Software For Humans
Reddit Cofounder Alexis Ohanian To Join Y Combinator
Apple Announces The New iPod Touch: Dual Cameras, Retina Screen

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