The great Alan Webber, of Fast Company fame and now a member of USA Today’s Board of Contributors, called to ask my opinion of Facebook’s IPO news. In short, I said, “It’s nice to have a liquidity event that will show just how rich Mark Zuckerberg is. But Facebook doesn’t really need the money.” Read the whole article here. In it, Webber asks some important questions about the future of IPOs.
Presently, the Apple, Google, Facebook are most valuable companies in the U.S.A., however the problem is that these companies outsourced most of the high skilled jobs abroad and have very limitted corporate assets in the U.S.A. Let say that the Facebook has one corporate asset, namely its head office only. Most of the computer servers in datacenters don’t even belong to the Facebook. Therefore, the Facebook IPO valuation is a result of speculative expectations by investors at NYSE.
Viktor O. Ledenyov
February 4, 2012 at 8:23AM by Viktor O. Ledenyov, Ukraine
Just saw the interview on Lang and O’Leary Exchange and a new book written by Roger Martin was referenced, I didn’t catch the name, can you provide it?
June 26, 2012 at 6:55PM by Larry Karasiuk