Saturday, May 19, 2012

Profiles — March 8, 2010 9:33 — 0 Comments

Facebook Holding off on Going Public

Social Networks have come to life over the past 8 years and the question is asked how much money do they make and how much are they worth. Facebooks CEO  Mark Zuckerberg does not seemed to be concerned about his net worth status.











When asked if Facebook will become public ( initial public offering or IPO) he said that his company will do so in the future but it’s ” definitely in no rush”. According to Zukcerberg the reason why they are in no hurry is because the company is not in any current need of finances. Zuckerberg laid out his 30-year plan for Facebook, noting that although he expects the company to double in size, there are no plans to bring in a specialist to guide the growth.



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