Facebook Quickens Its Pace
When a company goes public there are almost always some changes to the way it does business. It has literally opened itself up to the public, and the public in fact owns some of the business. This means that the company has to be more self-aware and do whatever it possibly can to keep profits rolling in. Facebook has been no different in this respect since it went public in May 2012. The company has had to increase the speed at which it brings products to market. While this was expected to some extent with the growth in the company in general, Facebook has not always been known to release so much so quickly. Get detailed information about the advantages and disadvantages of social media platforms, on this website: https://newshub4.com/
The Initial Public Offering
The initial public offering of Facebook was a big moment for the Internet in general. It was the most celebrated release of an Internet company to the public in history. Facebook took itself away from the early days needing just Internet Angel Investors to keep itself running and into the age where anyone in the world could own a piece of this still growing giant. With that many people holding a vested interest in the company, it is clear that the company has to make sure it is behaving in a manner that is considered becoming of a public company. This has been a particular challenge for Facebook. To learn more about the changes that have been made on Facebook in past months visit this website: https://cluebees.com/
The Hacker Culture
On an operator assisted conference call recently, CEO and founder of Facebook Mark Zuckerberg said that he was interested in “tempering expectations on revenue on new features such as the Open Graph”. Was this a sign that the company was slowing down or in fact losing business? Probably not. In reality, the company is continuing to grow at a rapid pace, but it is concerned that Wall Street may be getting a little ahead of itself.
To get more information about the announcement made by the CEO of Facebook regarding the hacker culture visit this website: https://kardblock.com/
Facebook has long been revered for its “Hacker Culture” which has helped it to produce things such as Facebook chat and other key features on the site. Having been popularized in the hit movie “The Social Network”, this type of culture has been seen as the new way to do business in an increasingly connected world. People want Facebook to continue to embrace this type of culture and see the growth that it has generated so far continue. However, Facebook faces two issues on that front. The first is that the company is now much larger than it was in the past and thus growth naturally comes more slowly. The second is that certain aspects of that culture have to be thrown away for the sake of public relations and SEC regulations.
Although Facebook may not be able to engage in all of the activities that brought it to where it is right now, there are few who would say that this company is down and out. Rather, the company still enjoys explosive growth in its service, particularly in the developing world. Going public has caused some changes at Facebook, but they have not necessarily been for the worse.
Kelly is currently blogging for a corporate conference call company.