• Home
  • Staff
  • Privacy Policy
  • News Tips/Press Releases
  • Advertising
Sunday, June 26, 2022
No Result
View All Result
The Times-Delphic
  • News
    • All
    • Administrative News
    • Campus Events
    • Campus Health
    • Caucus Roundup
    • In Des Moines
    • Politics
    • Student Politics
    • Student Senate
    • The Ones

    Drake University Adds Five New Electric Vans

    Indira Sheumaker, city councilmembers find common ground among conflicts

    Drake urges community to remain cautious as reporting of new COVID-19 cases slows

    Drake urges community to remain cautious as reporting of new COVID-19 cases slows

    Drake to build University Center

    Student Senate passes resolution in support of the transgender community

    • Administrative News
    • The Ones
    • Campus Events
    • Campus Health
    • Caucus Roundup
    • In Des Moines
    • Politics
    • Student Politics
    • Student Senate
    • Senate Elections
  • Sports
    • All
    • Baseball
    • Basketball
    • Column
    • Cross-Country
    • E-Sports
    • Football
    • Golf
    • Rowing
    • Soccer
    • Softball
    • Tennis
    • Track and Field
    • Volleyball

    Promising 2022 NFL Draft for Packers fans

    The two national parks you should visit this summer

    Des Moines lands news USL team and stadium district

    Former Drake Basketball Player Wins National Championship

    The Top Moves of NFL Free Agency

    • Basketball
    • Column
    • Cross-Country
    • E-Sports
    • Football
    • Golf
    • Rowing
    • Soccer
    • Softball
  • Commentary
    • All
    • Horoscope
    • Letter from the Editor
    • Letter to the Editor

    Hip astrology: Relays horoscope

    Painted Street ain’t so sweet when costs are heaped

    Commentary: Top 5 Self Care Tips

    Commentary: Top 5 Self Care Tips

    Commentary: How to meet your next partner in 2022

    Commentary: “Oh… We’re Not Dating…”

    • Horoscope
    • Letter from the Editor
  • Features
    • All
    • Greek Life
    Drake welcomes first Black woman Student Body President

    Student Body President Morgan Coleman shares experiences as a leader

    Painted Street recap

    Bam Bam wins Drake University’s 43rd annual Beautiful Bulldog Contest

    New Casey’s Location on Forest Avenue

    ADA student task force advocates for disability inclusion

    • Greek Life
  • Podcasts
    Drake Weekly Sports Podcast | December 3

    Drake Weekly Sports Podcast | December 3

    Drake Public Safety and the student body

    Drake Public Safety and the student body

    Humans of Drake Podcast

    Bulldog Blitz 1: December 7, 2010

    The Sports Report 2010 7: 11/09/2010

  • Relays Edition

    Bill that would make Iowa a hands-free driving state stalls in the legislature

    New Casey’s Location on Forest Avenue

    ADA student task force advocates for disability inclusion

    Des Moines lands news USL team and stadium district

    The Great Resignation: What Is It? And Why Is It Happening?

    The Great Resignation: What Is It? And Why Is It Happening?

    Hip astrology: Relays horoscope

    State of Sustainability at Drake

    Dean Kathleen Richardson: Leaving a Legacy for the Drake SJMC

    Painted Street ain’t so sweet when costs are heaped

    • Commentary
    • Coronavirus
    • Elections
    • Features
    • In Des Moines
    • News
    • This week in photos
    • Top News
    • Top Stories
    • Uncategorized
    • Video
    • Sports
    • Security Reports
    • Relays Edition
    • Poll
    • Podcasts
    • Online Exclusives
    • Opinion
  • News
    • All
    • Administrative News
    • Campus Events
    • Campus Health
    • Caucus Roundup
    • In Des Moines
    • Politics
    • Student Politics
    • Student Senate
    • The Ones

    Drake University Adds Five New Electric Vans

    Indira Sheumaker, city councilmembers find common ground among conflicts

    Drake urges community to remain cautious as reporting of new COVID-19 cases slows

    Drake urges community to remain cautious as reporting of new COVID-19 cases slows

    Drake to build University Center

    Student Senate passes resolution in support of the transgender community

    • Administrative News
    • The Ones
    • Campus Events
    • Campus Health
    • Caucus Roundup
    • In Des Moines
    • Politics
    • Student Politics
    • Student Senate
    • Senate Elections
  • Sports
    • All
    • Baseball
    • Basketball
    • Column
    • Cross-Country
    • E-Sports
    • Football
    • Golf
    • Rowing
    • Soccer
    • Softball
    • Tennis
    • Track and Field
    • Volleyball

    Promising 2022 NFL Draft for Packers fans

    The two national parks you should visit this summer

    Des Moines lands news USL team and stadium district

    Former Drake Basketball Player Wins National Championship

    The Top Moves of NFL Free Agency

    • Basketball
    • Column
    • Cross-Country
    • E-Sports
    • Football
    • Golf
    • Rowing
    • Soccer
    • Softball
  • Commentary
    • All
    • Horoscope
    • Letter from the Editor
    • Letter to the Editor

    Hip astrology: Relays horoscope

    Painted Street ain’t so sweet when costs are heaped

    Commentary: Top 5 Self Care Tips

    Commentary: Top 5 Self Care Tips

    Commentary: How to meet your next partner in 2022

    Commentary: “Oh… We’re Not Dating…”

    • Horoscope
    • Letter from the Editor
  • Features
    • All
    • Greek Life
    Drake welcomes first Black woman Student Body President

    Student Body President Morgan Coleman shares experiences as a leader

    Painted Street recap

    Bam Bam wins Drake University’s 43rd annual Beautiful Bulldog Contest

    New Casey’s Location on Forest Avenue

    ADA student task force advocates for disability inclusion

    • Greek Life
  • Podcasts
    Drake Weekly Sports Podcast | December 3

    Drake Weekly Sports Podcast | December 3

    Drake Public Safety and the student body

    Drake Public Safety and the student body

    Humans of Drake Podcast

    Bulldog Blitz 1: December 7, 2010

    The Sports Report 2010 7: 11/09/2010

  • Relays Edition

    Bill that would make Iowa a hands-free driving state stalls in the legislature

    New Casey’s Location on Forest Avenue

    ADA student task force advocates for disability inclusion

    Des Moines lands news USL team and stadium district

    The Great Resignation: What Is It? And Why Is It Happening?

    The Great Resignation: What Is It? And Why Is It Happening?

    Hip astrology: Relays horoscope

    State of Sustainability at Drake

    Dean Kathleen Richardson: Leaving a Legacy for the Drake SJMC

    Painted Street ain’t so sweet when costs are heaped

    • Commentary
    • Coronavirus
    • Elections
    • Features
    • In Des Moines
    • News
    • This week in photos
    • Top News
    • Top Stories
    • Uncategorized
    • Video
    • Sports
    • Security Reports
    • Relays Edition
    • Poll
    • Podcasts
    • Online Exclusives
    • Opinion
No Result
View All Result
The Times-Delphic
No Result
View All Result
Home News

Facebook takes over another aspect of users’ lives with an IPO

byMEGAN BANNISTER
February 8, 2012
in News
0 0
0

From vacation photos to YouTube videos, Facebook users do a lot of sharing. Now the site is introducing a new type of sharing — stock sharing.

On Feb. 1, the company filed a $5 billion initial public offering (IPO) in the hopes of expanding its Silicon Valley success story.

“I think it’s a good business move because it will make it easier for (the company) to raise capital if they need to,” said Rick Long, assistant professor of practice and finance at Drake.

Since the announcement last week, the tech community has been abuzz with user excitement and analyst opinions.

“I think it’s a great idea for them to be going public,” said Jameson Riddick, a Drake senior finance major.

Though Facebook claimed $3.71 billion in revenue in 2011, Long believes that it will be difficult to predict where the social media site could be headed.

“It’s hard to know what the price of Facebook is just because it’s so different from how a lot of old-school stock analysts know how to look at companies,” he said. “It’s harder to know what a fair price is.”

Despite Facebook’s roughly 845 million monthly active users, the site makes the majority of its revenue through advertising, according to the company’s S-1 filing with the Securities and Exchange Commission.

“Facebook was not originally created as a company,” said Facebook founder Mark Zuckerberg in a letter included in the site’s S-1 registration statement. “It was built to accomplish a social mission — to make the world more open and connected.”

Though even with 2.7 billion likes and comments per day generating traffic, Facebook’s mobile and tablet apps do not currently display ads, a flaw that the company states as a risk factor in future ventures.

But some users, like Riddick, believe that it will not be advertisers but the users themselves who will help to keep the site alive.

“If I invest my money in Facebook, I can make sure that Facebook doesn’t die,” Riddick said. “It almost ensures that Facebook will still be going 20 years from now.”

For a company that is almost entirely dependent on the interest of its users to exist, the introduction of an IPO can cause corporate changes, Long said.

“The one thing I think that is a concern of theirs at Facebook is that when you go public it can sometimes change your company culture because your shareholders are looking for more results,” Long said.

Other social media sites, like Groupon, Zynga and LinkedIn, have already taken the plunge into public trading though it seems uncertain whether public trading will become a trend in social media.

“I think it really depends on the company,” Long said. “Facebook is making a profit and so it’s easier for them to go public to an IPO.”

If the social media site’s announcement hype will indeed translate into sizeable profits for investors remains to be seen. Facebook hopes to begin trading as early as April or May.

“I think it’s just been historically, that when people offer an IPO originally that the company loses value,” Riddick said. “But I don’t foresee them losing that much.”

Though for college-aged investors, both Riddick and Long agree that investing in Facebook might not be the best decision.

“I recommend when you start investing, that you should do it in mutual funds,” Long said. “You get more diversification that way.”

Regardless of market value, for an organization like Facebook that is quickly becoming a technology staple, the IPO announcement is a step in a new direction for social media.

“It’s different than other products,” Long said of Facebook. “It’s more a part of your life than the tires on your car.”

Tags: Social Media

MEGAN BANNISTER

Next Post
Bulldogs mired in four-game losing streak

Bulldogs mired in four-game losing streak

Twitter Feeds

The Times-Delphic
The Times-Delphic @timesdelphic

The Times-Delphic is still hiring for the positions of Student Senate Beat Writer, Business and Finance Manager and Distributor for the 2022-23 school year! Apply online or reach out to grace.altenhofen @drake.edu for more information. https://t.co/U9VY5TtOZt
View on Twitter
timesdelphic photo
0
1
The Times-Delphic
The Times-Delphic @timesdelphic

BREAKING: Drake President Marty Martin announced in a campuswide email that Drake's number of active cases is projected to decline to 80 by the end of the day, down 241 since early Friday afternoon.
View on Twitter
2
10

Recommended

Humans of Drake: Derrick Fridley

Humans of Drake: Derrick Fridley

4 years ago

Respect election results

10 years ago

Popular News

  • Twitch Streamer Raises Money for LGBT Community

    Twitch Streamer Raises Money for LGBT Community

    0 shares
    Share 0 Tweet 0
  • Gladwell’s “Outliers” reveals the many factors of success

    0 shares
    Share 0 Tweet 0
  • Drake ranks among Ivy Leagues on Economist list

    0 shares
    Share 0 Tweet 0
  • The history of Indian boarding schools in Iowa

    0 shares
    Share 0 Tweet 0
  • Music as a political platform

    0 shares
    Share 0 Tweet 0
  • Drake Weekly Sports Podcast | December 3

    0 shares
    Share 0 Tweet 0
  • Humans of Drake Podcast

    0 shares
    Share 0 Tweet 0
  • The Sports Report 2010 7: 11/09/2010

    0 shares
    Share 0 Tweet 0
  • Familiar face helps bring massive skatepark to Des Moines

    0 shares
    Share 0 Tweet 0
  • The rise and fall of Motown Records

    0 shares
    Share 0 Tweet 0

Connect with us

  • About
  • Home
  • Podcasts
  • Privacy Policy
  • Virtual Edition
  • Advertising

Copyright 2015 Fuel Themes. All RIGHTS RESERVED.

No Result
View All Result
  • News
    • Administrative News
    • The Ones
    • Campus Events
    • Campus Health
    • Caucus Roundup
    • In Des Moines
    • Politics
    • Student Politics
    • Student Senate
    • Senate Elections
  • Sports
    • Basketball
    • Column
    • Cross-Country
    • E-Sports
    • Football
    • Golf
    • Rowing
    • Soccer
    • Softball
  • Commentary
    • Horoscope
    • Letter from the Editor
  • Features
    • Greek Life
  • Podcasts
  • Relays Edition
    • Commentary
    • Coronavirus
    • Elections
    • Features
    • In Des Moines
    • News
    • This week in photos
    • Top News
    • Top Stories
    • Uncategorized
    • Video
    • Sports
    • Security Reports
    • Relays Edition
    • Poll
    • Podcasts
    • Online Exclusives
    • Opinion

Copyright 2015 Fuel Themes. All RIGHTS RESERVED.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Bodybuilder is fighting for his life after taking dirty steroids femara uk trump's "operation warp speed" for mass vaxxing. "big bucks for big pharma" - global research