Infographic: Is Facebook Doomed?
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Facebook was one the most highly anticipated and long-awaited initial public offerings in years. However, since its float in mid-May, the Internet company’s dismay performance has led to investors and analysts wondering if Facebook’s ‘timeline’ will continue, or if we will actually witness the fall of yet another social network.
Facebook was one the most highly anticipated and long-awaited initial public offerings in years. However, since its float in mid-May, the Internet company’s dismay performance has led to investors and analysts wondering if Facebook’s ‘timeline’ will continue, or if we will actually witness the fall of yet another social network.
When it was announced that Facebook would price its stock at $38 a pop, some thought it was a rather ambitious gamble. True enough, the company had one of the worst starts in IPO history, and two months later, Facebook shares have plunged 17 percent below its IPO price.
The question on many minds is: Is Facebook programmed for revenue or disaster?
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