Facebook's Advertising Business is a Mess

Some more people, who want to express their dissatisfaction towards Facebook, as quoted in WSJ and CNET, are Mike Parker, Co-President of Tribal DDB, who says, “For the longest time, we've been trying to call Facebook to do business with them and there's nobody to pick up the call," said Parker. "...They're much focused on the consumer experience, and less focused on revenue and working with advertisers.”

And Rob Griffin, Global Director of Product Development at Havas Digital, said “There's a pretty high degree of animosity right now with Facebook because they have become so powerful.”

In a recent report by Reuters it has been found that Facebook is planning to add about $85 million to its IPO shares and also CNBS reported that the IPO price range has been increased to $34 to $38 per share which is more than the market value of Amazon.com, Hewlett Packard and Dell.