Inside Facebook's IPO: How the Social Web Will Reshape the Economy

Started by ayodele, Feb 02, 2012, 10:02 PM

ayodele

Facebook's initial public offering later this spring will create a billion-dollar windfall for its founders and early investors, so it's easy to be cynical and view the IPO as another example of insiders cashing in on the latest web phenomenon. But the significance -- and symbolism -- of Facebook's IPO goes much deeper. Facebook's astonishing rise is an apt metaphor for the emergence over the last two decades of the Internet itself as a tool for individual self-expression and collective organization. ...