Yesterday, Facebook's Dave Recordon commented on the service that he just finished a marathon session of The West Wing , a great show about the inner-workings of a fictional White House that ended its run on NBC in 2006. I agreed with Recordon, it was a great show. You know who else agreed? Facebook founder Mark Zuckerberg . So why is this interesting? Well, the creator of The West Wing was Aaron...
DONT MAKE ME MAD What's worked in the ad biz since the days of Don Draper may not work anymore. | Photograph Courtesy of AMC My father-in-law uses an expression, "Attitude is everything." It's his nonconfrontational way of saying, "Stop complaining." This expression has been on my mind lately when I talk to media and advertising executives about the disruption and uncertainty in...
Asana, the productivity management startup from Facebook co-founder Dustin Muskovitz and lead engineer Justin Rosenstein, has raked in $9 million from Benchmark Capital and Andreessen-Horowitz. Asana is probably one of the more anticipated startups in Silicon Valley right now. Moskovitz, Mark Zuckerberg and Chris Hughes founded Facebook together during college at Harvard University. Rosenstein was...
more images more images Facebook creates dual-class structure, but no IPO NEW YORK — Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company. The move could be seen as laying the groundwork for an initial public offering, though the social network said Tuesday it had no plans .... Source : Facebook creates...
Consider yourself forewarned: the official line is that "Facebook has no plans to go public at this time." Just the same, a financial maneuver the company's performing has raised a few eyebrows since it seems to point towards that possibility. Jessica E. Vascellaro reported this afternoon, "The company is in the process of converting all current shareholders to Class B stock, which...
Facebook has created a dual-class stock structure designed to give founder Mark Zuckerberg and other existing shareholders control over the company. Facebook - Mark Zuckerberg - Business - Investing - Stocks and Bonds
Facebook has said it is in no rush to file for an IPO , but the company continues to take small steps towards one. The latest: It’s creating a new class of stock which carries additional voting power; the stock will be given to all existing shareholders, including CEO Mark Zuckerberg. A Facebook spokesman tells us the company is making the change “because existing shareholders wanted to...
Facebook, now worth $9.5 billion and rising, may have just taken its next step towards what many believe to be the company’s inevitable IPO. Just as Google did when it went public in 2004, Facebook has opted to adopt a dual class stock structure. According to The Wall Street Journal , current shareholders of Facebook (mostly employees, investors, and the executive team) will see their shares...
Some time ago, Mark Zuckerberg began allowing Facebook employees to make a quick buck by selling their shares through private channels (as opposed to waiting for Facebook to hit the Nasdaq or Dow). Since then, many have done exactly that. The interesting thing is that the price of Facebook's stock has risen a whole lot in recent months. Brian Womack talked to Adam Oliveri, a managing director at SecondMarket,...
This afternoon I’ve been watching the Google OS announcement and all I can say is that this is what Mark Zuckerberg first announced when they released Platform, two and a half years ago. Many assumed that the acquisition of Parakey was a step toward truly building the web operating system of the future. [...]
Is Facebook about to jump the shark? Is the world’s new favorite past time heading for the shady alleys that make up MySpace and LiveJournal’s 1990s giffable weirdness? It seems like only yesterday I was freaking out with joy when Mark Zuckerberg opened up his world of stalking to high schoolers, and my sister called [...]
While the Googlebot’s YouTube is a web video behemoth, Mark Zuckerberg and his Facebook nation have become an online video sleeping giant, and it may have just woken up. Facebook jumped to No. 3 behind established video powerhouses YouTube and Hulu in terms of total streams, according to Nielsen’s VideoCensus numbers for October. That’s [...]
I’m not in the habit of writing up thoughts on scripts, but a new David Fincher project always warrants the extra effort. ‘The Social Network’ practically demanded my immediate, undivided attention and much as I once felt compelled to track down drafts of ‘Zodiac’ and ‘Benjamin Button’, typing up some feelings on this felt nothing less than an obligation. In...
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