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Let me translate: If you clicked a “Like” button anywhere on the Internet, then you are a Daily Active User. Even if you never go to Facebook.com.
lessismore · 4448 days ago · link ·
I am as excited about Facebook's IPO as I was about Groupon's. Legally, it is a private company, but in reality it has been a public company for a long time. It went IPO without actually inviting the general public. http://finance.fortune.cnn.com/2012/02/08/facebook-ipo-numbe...
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For the financially challenged, what does it mean for a company to go public? Does it mean before it went public, only a few people were allowed to buy stock from it? And now everybody can have a piece of the pie?
* * * Reading the Wiki article for IPO, two things stand out. (By the way, these two are listed under "Disadvantages of an IPO".) 1. The need of an ongoing requirement to disclose financial and business information. 2. The need of public dissemination of information which may be useful to competitors, suppliers and customers. Now, I'm not a lawyer, nor is Wikipedia an accurate legal information resource, but does that mean that companies which are not public don't have to do those things?
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thenewgreen · 4447 days ago · link ·
Also, if you want to see any of this type of information, the SEC website provides it: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany...
thenewgreen · 4447 days ago · link ·
To an extent, yes that is what that means. If I own a shoe store, I have to file taxes etc. But I don't have to disclose my annual earnings to the public. That is none of their business. I don't have to tell anyone how many customers I've had etc. When you are a publicly held company you assume the burden of these responsibilities. There is a tremendous amount of information available on publicly held companies. Assets, liabilities, earnings etc. You can go see all of it annually and even quarterly in most cases. Want to invest in a large shoe store that trades publicly? Might want to first look at their P&L as well as their debt to asset ratio. -All of it is available. But my little corner shoe shop? Eff you, that's none of your business.
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pinterest.com is hitting on all cylinders as far as women are concerned. It looks like a bridal/glamour/crafts magazine. It's hilarious to read the comments on the front page: Sooooo cute!, pretty, so me, cuuute!, YUM, LOVE IT. :D They launched one year ago, and according to Alexa they are 94 globally and 19 in the US.
http://www.alexa.com/siteinfo/pinterest.com That is insane. Seeing as most active FB users seem to be female, I think FB would be very worried. I imagine they are going to make an offer.