7 Real Reasons Why Facebook Is Headed For a "Public" Disaster
Bangalore: Well, all the IPO celebrations are over and now it’s the time to think, may be re-think. After all the hypes and predictions about a historic IPO, Facebook’s public appearance turned out to be a flat one with merely a $0.23 jump in share price. And with the latest reports of its shares going down, many fear the social networking giant is headed towards an IPO disaster.
Even though Facebook’s opening day at NASDAQ had all the excitement, glamour and glitz, no one really knows what caused the poor landing and the drama’s happening right now. Here are a handful of reasons.
#1 It Was Too Late
Everybody has been taking about Facebook’s IPO at least from the last 12 months. But it came too late, after keeping its shares frozen for a long time. Even the investors had bid up for the $100 billion value an year ago. Facebook was not waiting for the right time, maybe it’s due to Zuckerberg’s hesitation to take his company public.
