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Facebook Going Public! Print E-mail
Written by Nick G. - Posted on Thursday, 02 February 2012 19:23   

Well, it was probably inevitable that this giant social-network would one day grow to the status that it has.  This is certainly some big news; however, there has been some concern as to what this happening means for the rest of us.  With this new ground for investors also means new ways in which Facebook will have to be funded.  A generous portion is payed for by advertisers, which the company divulges information to in order to bring you specific types of ads.  And with public status, the advertising department will have to go the extra mile in order to bring rake in the funds necessary to keep it afloat.  Still, we can only hope that things go well for Mr. Zuckerberg as this new chapter in the Facebook page begins.

"The finance world began the day eagerly awaiting Facebook's filing of initial public offering (IPO) paperwork with the Securities and Exchange Commission (SEC).

 

What is IPO?

When a company files IPO paperwork, it is allowing public investors to buy its stock. This means that Facebook will now be owned, partially, by individuals and companies who invest in it.

Why is Facebook going public?

When a company reaches five hundred investors, it legally has to begin making its financial records available to the SEC, according to Paul Sloan's "Three Reasons Facebook Has to Go Public." For some companies, like Facebook, doing so can be a burden. When a company reaches five hundred investors, it is in its best interest to go public. The investors then take some of the risk and put more money into the company's funds. This allows the company to make changes it may not have been able to make without that extra money."

Source: Yahoo!


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Got error 28 from storage engine SQL=SELECT advert.* FROM jos_wbadvert AS advert LEFT JOIN jos_wbadvert_client AS client ON client.id = advert.client_id LEFT JOIN jos_wbadvert_idx_menu AS idx_menu ON idx_menu.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_section AS idx_section ON idx_section.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_category AS idx_category ON idx_category.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_content AS idx_content ON idx_content.advert_id = advert.id WHERE advert.group_id = 2 AND advert.published = 1 AND client.published = 1 AND ((advert.date_start = '0000-00-00 00:00:00') OR (advert.date_start <= '2012-05-23')) AND ((advert.date_stop = '0000-00-00 00:00:00') OR (advert.date_stop >= '2012-05-23')) AND ((advert.imptotal = 0) OR (advert.imptotal > advert.impmade)) AND ((idx_menu.menu_id = 75) OR (idx_menu.menu_id = 0)) AND ((idx_section.section_id = 1) OR (idx_section.section_id = 0)) AND ((idx_category.category_id = 1) OR (idx_category.category_id = 0)) AND ((idx_content.content_id = 8809) OR (idx_content.content_id = 0)) GROUP BY advert.id ORDER BY RAND() LIMIT 1
Got error 28 from storage engine SQL=SELECT advert.* FROM jos_wbadvert AS advert LEFT JOIN jos_wbadvert_client AS client ON client.id = advert.client_id LEFT JOIN jos_wbadvert_idx_menu AS idx_menu ON idx_menu.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_section AS idx_section ON idx_section.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_category AS idx_category ON idx_category.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_content AS idx_content ON idx_content.advert_id = advert.id WHERE advert.group_id = 5 AND advert.published = 1 AND client.published = 1 AND ((advert.date_start = '0000-00-00 00:00:00') OR (advert.date_start <= '2012-05-23')) AND ((advert.date_stop = '0000-00-00 00:00:00') OR (advert.date_stop >= '2012-05-23')) AND ((advert.imptotal = 0) OR (advert.imptotal > advert.impmade)) AND ((idx_menu.menu_id = 75) OR (idx_menu.menu_id = 0)) AND ((idx_section.section_id = 1) OR (idx_section.section_id = 0)) AND ((idx_category.category_id = 1) OR (idx_category.category_id = 0)) AND ((idx_content.content_id = 8809) OR (idx_content.content_id = 0)) GROUP BY advert.id ORDER BY RAND() LIMIT 1There are No Adverts to Display
Got error 28 from storage engine SQL=SELECT advert.* FROM jos_wbadvert AS advert LEFT JOIN jos_wbadvert_client AS client ON client.id = advert.client_id LEFT JOIN jos_wbadvert_idx_menu AS idx_menu ON idx_menu.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_section AS idx_section ON idx_section.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_category AS idx_category ON idx_category.advert_id = advert.id LEFT JOIN jos_wbadvert_idx_content AS idx_content ON idx_content.advert_id = advert.id WHERE advert.group_id = 7 AND advert.published = 1 AND client.published = 1 AND ((advert.date_start = '0000-00-00 00:00:00') OR (advert.date_start <= '2012-05-23')) AND ((advert.date_stop = '0000-00-00 00:00:00') OR (advert.date_stop >= '2012-05-23')) AND ((advert.imptotal = 0) OR (advert.imptotal > advert.impmade)) AND ((idx_menu.menu_id = 75) OR (idx_menu.menu_id = 0)) AND ((idx_section.section_id = 1) OR (idx_section.section_id = 0)) AND ((idx_category.category_id = 1) OR (idx_category.category_id = 0)) AND ((idx_content.content_id = 8809) OR (idx_content.content_id = 0)) GROUP BY advert.id ORDER BY RAND() LIMIT 1There are No Adverts to Display
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