On February 1st of this year, Facebook made its long-awaited initial public offering. Investors and the general public have been swirling about an IPO for years, as many have speculated its time frame and when the public would actually be able to get their hands on the stock. The secrecy and rumors were comparable to that of when the iPhone cut its exclusivity with AT&T, leaving the door wide open for other telecom giants as well as investors. Now that Facebook has finally put the speculation to rest, it’s time to look at the facts and figures of the world’s largest social media site [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. Inside Facebook Facebook is currently home to over 800 million users, roughly 11% of the world’s population. The company “revealed impressive statistics about its growing and active userbase, which totals 845 million members, more [...] Click here to read the original article on ETFdb.com. Related Posts: What Will A Facebook IPO Mean For ETFs? ETF Closures Continue: Global X To Shutter Eight Funds November ETF Roundup: Launches, Filings, and Closures Technology ETFs: Social Media, SSDs, Smartphones, and More Global X Launches Social Media ETF (SOCL)
On February 1st of this year, Facebook made its long-awaited initial public offering. Investors and the general public have been swirling about an IPO for years, as many have speculated its time frame and when the public would actually be able to get their hands on the stock. The secrecy and rumors were comparable to that of when the iPhone cut its exclusivity with AT&T, leaving the door wide open for other telecom giants as well as investors. Now that Facebook has finally put the speculation to rest, it’s time to look at the facts and figures of the world’s largest social media site [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. Inside Facebook Facebook is currently home to over 800 million users, roughly 11% of the world’s population. The company “revealed impressive statistics about its growing and active userbase, which totals 845 million members, more [...]
Click here to read the original article on ETFdb.com.
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