Published on May 20th, 2012 | by drkkr0
The One book every one reads and gets hooked on is Facebook !!
Facebook ‘makes’ nothing. It isn’t even like the Nike and Reebok and Adidas that done really ‘make’ a single shoe, but shoes ARE made, in their name. Facebook ‘manufactures’ nothing. It has no distribution system, no retail outlets, you can’t go into a store and buy anything facebook. Facebook is the only company where every one of us work round the clock, with out getting paid…but ensure the company flourishes .
According to Wikipedia: “Facebook, Inc. held an initial public offering on May 17, 2012, negotiating a share price of $38 apiece, valuing the company at $104 billion, the largest valuation to date for a newly public company. After the IPO, Zuckerberg will retain a 22% ownership share in Facebook and will own 57% of the voting shares. The IPO raised $16 billion, making it the third largest in U.S. history. The shares began to be traded on May 18, and though the stock struggled to stay above the IPO price for most of the day, it set a new record for trading volume of an IPO.”
At this point, according to Wikipedia again, here are two figures for Boeing, a company that makes products each of which cost over 100 million apiece:
Total assets increase US$ 68.565 billion (2010)
Total equity increase US$ 2.776 billion (2010)
This is becoming a VERY STRANGE PLANET. How can leaders create a FB like work atmosphere is the question. FB has allowed ourselves to be ourselves and trusted us to be responsible.Share your thoughts on this.