Friday, June 14, 2019

Facebook list on nasdaq Essay Example | Topics and Well Written Essays - 750 words

Facebook list on nasdaq - Essay ExampleA good result of these individuals basically use it for socialization while an equally reasonable number of the users also use it for business. This is evident from the increasing number of pages dedicated to commercial message reason or building company relations all which cements business revenue.The Facebook functions extend the popularity of the site and business uses takes this popularity to a whole new level which is established when people look at the site as a revenue booster. Again, this brings in a totally new dimension beyond the social role it portrays Facebook not as a social platform but a commercial site. This is the greatest disconnect with the regular Facebook user because the initial spirit seems to fade with passage of time. My initial view of Facebook, and notably that of the general public, was that Facebook was a purely social site thus when it transitions to a commercial site, then the prior views and its role fades wi th the transition. It soon loses its dominant role which is the single aspect that separated it from the likes of Google and Yahoo. The latter dickens companies defined their purpose as search engines early on in their operations. To me, this was the reason they have remained dominant to date. This is because the single role they undertook at the beginning is the rattling same they have stuck with throughout. Unfortunately, we cannot say this of Facebook since they seem to slowly deviate from the very role that made it famous (Wankel and Charles 280). Even though the numbers represent a perfect opportunity for investors to cash in, my greatest problem is with the social function the social role Facebook has been associated with.It is quite certain that with public listing, the companys orientation will definitely change the scenario. It will initiate a change from revenue generation which has been the case to profit maximization. The millions of shareholders who will

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