- Facebook has been in the market for over 6 years and still remains a private company, a company not just limited to investors with a net worth of $1million to buy private shares. An article called "alternative ways to invest in facebook" provides suggestions to invest in companies/funds aligned with Facebook. Companies suggested were: The Neilsen Company, Microsoft (holding a 1.6% stake in FB), Retail companies, SharesPost, and competitors of Facebook. Why invest in competitors? Because you never know when the next big thing regarding social media will be unveiled. The article also tells you to keep an eye out for Facebook's IPO because with its current worth ranking $11.5 billion, its estimated worth is double if it goes public. Once Facebook reaches $10 million in total assets and 500+ shareholders they must disclose their financial information. To indirectly invest in Facebook, buy stocks from those companies' investment groups that benefit when Facebook does; as Facebook grows, the need for new/better/bigger social media aspects grows (Source)
- Who says nothing good can come from Facebook? When I first read this article about Facebook and voting registration, I was confused about a focused election drive during this time to realize it was for the UK not US. SO, In the UK, Facebook is trying to get unregistered voters to register before the April 20th deadline. Working with the Electoral Commission, when Facebook users visited the site over the weekend, they were asked if they have registered. If "no," the page loads to allow them to enter their info online; then print the page and bring it to their registration office with the address provided on the site. I think that something similar needs to be implemented in America, but it should be held closer to our primaries and provide information after registration about all candidates' positions, because we need educated voters (Source)
- Facebook purchased Divvyshot, a year-old photo sharing site to add another way for users to share their pictures. Divvyshot allows people to add to the same album. Facebook has more than 3 billion photos uploaded monthly. Divvyshot is no longer allowing new accounts and all existing users will be moved to Facebook within the next month (Source).
- An article with the view that big businesses are bad at social media, says if youre a company not using social media youre a company viewed as not having a website. Businesses are establishing an identity on social media but not doing so effectively because you can't just simply create an account and move on. The most important element is using these outlets to engage and communicate with your investors or consumers, which is the area where big companies are failing (Source)
Sunday, April 18, 2010
Invest / Voting / Pics / Fail
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