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The echo-chamber has flooded the web with all the details following the filing of Facebook’s IPO. It will raise $5 billion in the listing. It will be valued somewhere between US$75-billion and US$100-billion. We even know that the graffiti artist who took stock instead of cash for painting the walls at Facebook’s first HQ is now worth US$200 million. But what’s behind the numbers and how do they compare?1. We're all going mobile Out of 825-million monthly users on Facebook, more ...
Facebook is growing up. As soon as today or tomorrow, Facebook will become a public company with grown up things like quarterly earnings reports and analysts poring over its fiscal growth (or decline).By now you know the numbers being tossed around. A US$5-billion IPO. A US$80-billion+ valuation. US$500-million in fees to be collected by securities firms for arranging the IPO. But all the details will be released really soon.Many in the technology industry have been debating over whether or ...
Jack Welch once said, "Change before you have to". Few other companies today have applied this wisdom with more consistency than Facebook. For better or worse, Facebook has always believed in pushing the envelope when it comes to making to changes to the platform. It is this willingness to constantly challenge both themselves and their users that some have credited with Facebook's eventual dominance of the social media space.To be sure, some changes have certainly been more popular than ...
So did you get up at the crack of dawn to get your free Wimpy breakfast last week? I didn't, but driving into work I did hear it being discussed at large on various radio stations and they too shared my sentiment of not fully understanding the fascination and dedication of people to get up so early, use their petrol and rush to stand in a queue for breakfast that would have cost them less than R20.The human race ...
This piece was inspired by the Facebook Profile of a beautiful and rich young lady for whom, in order to protect her privacy, I have chosen the pseudonym of EmmaFB (After the title character in Jane Austen's Emma). When I first started investigating her Facebook, there were 468 tagged pictures of her. A few months later, she was tagged in 317 photos. She had untagged herself or deleted (if the photographs were in her own albums) over 100 pictures of ...
Ignore all the rubbish about "serendipitous experiences" that Mark Zuckerberg wants you to have. Forget about his notion of "frictionless sharing". The first iterations of sharing content or experiences seamlessly on Facebook are all wrong (witness the horrible real-time “ticker” that does not sit comfortably above "chat").But, Facebook got one thing very, very right. Its Timeline was the single biggest innovation in social media over the past few months. Sure, the New New Twitter changes everything, but the two spaces ...
As 2012 dawns, Memeburn decided to take a look at what lies ahead for three of the biggest names in social media this year, and what each of their individual overarching strategies might be.Twitter -- Going mainstream In 2012, Twitter will continue to stealthily build towards its IPO -- unofficially penned for 2013. The microblogging juggernaut has seen significant staff turnover in the last six months for two apparent reasons. First, with the aim of having the right people at the ...