Implications of Facebook IPO for social media
9:06 AM, May 7, 2012
Facebook CEO Mark Zuckerberg talks about the social network site's new privacy settings in Palo Alto, Calif., Wednesday, May 26, 2010. (AP Photo/Marcio Jose Sanchez)
Audio
- Implications of Facebook IPO for social media (program audio)
Facebook hits the road Monday to drive support for its IPO set to debut this month.
From The Washington Post:
"Facebook is offering about 337.4 million shares for $28 to $35 each, according to a regulatory filing yesterday. At the upper end of that range, the co-founder's stake would be $17.6 billion, making him richer than Microsoft Corp.'s Steve Ballmer and Russian steel billionaire Vladimir Lisin, who are both twice his age, according to the Bloomberg Billionaires Index."
Robert Stephens, former CTO at Best Buy and founder of the Geek Squad, joins The Daily Circuit Monday to discuss the implications of the IPO on social media along with providing us insight on the latest in tech industry news affecting consumers.
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The Daily Circuit from May 7, 2012
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