“The rich ruleth over the poor, and the borrower is servant to the lender.”
Recently there’s been a lot of hype about Facebook going to the stock market.
For example, some speculate Facebook may lose touch with their users. They say that as Facebook investors gain more shares, they’ll have a bigger say regarding what direction Facebook takes.
If large investment groups purchase millions of Facebook shares, Mark Zuckerberg may become somewhat of a “servant,” to Facebook investors.
Well, that may be, but seeing how Mark wore a hoodie to a meeting with high-end investors, it seems Mark’s not going to change anytime soon. Mark’s not going to conform to Wall Street traditions if he feels they’ll hurt Facebook’s mission.
So, anyway, enough about that. Here’s what you need to know to buy stock in Facebook.
Starting May 18, 2012, anyone in the public will be able to invest in Facebook. Facebook shares will cost between $28 and $35.
“When you give everyone a voice and give people power, the system usually ends up in a really good place. So, what we view our role as, is giving people that power.”
Personal Notes: I love Facebook- what an amazing tool to be able to communicate with almost anyone in the world. I remember watching Mark Zuckerberg when he came to speak at BYU. As far as I can tell, Mark’s got good intents. He’s passionate and wants to make a difference in the world. Sure people can abuse Facebook, but I don’t think that’s his fault. I admire him for his ambition and dedication.