Facebook has gone public. What now?
As Facebook has geared up over the past few months to go public, a large amount of people have become extremely excited. Many expected the stock to double or even triple the first day. It went up 23 cents. This is not necessarily bad.
Most investors look for good investments that over a few months or years will give them a good return on their investment. There is a good chance that Facebook will be worth more than $38 a share in the coming years. Mark Zuckerberg is a very smart guy. The team that he has built includes many brilliant minds. Hopefully those who surround him also keep him from abusing his power now that he has to answer to those who are choosing to invest in the social media giant. Personally I believe that the combination of Facebook, Google, Twitter, Bing, Yahoo and other properties are changing our lives and that each company is taking things seriously. Maybe not Yahoo, but that is a different story.