Pedro Trebbau Lopez
Facebook has made a very long anticipated debut in the Stock Market this week setting a record debut with shares at a price of 38 dollars. This is one of the most successful starts in the market for a company behind the record price that Visa reached when it went public many years ago. This is also one of the most successful starts for a technology company in many years.
For Facebook, going public means that its value will rise at levels of more than 100 billion dollars. Not bad for a company that is going to have more than a billion users logging in at the end of this year. Certainly, Facebook has redefined the use and meaning of the words “Friend” and “Like” with the use that we can do of these commands on our Facebook pages.
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