Facebook Stock Going Public? 118
zmaragdus writes "Facebook Inc. converted its existing stock holdings into different classes of stocks (Class A and Class B) designed to give certain shareholders more power than others. This has been typically done in an IPO of a company's stock to give important people (company founders, for instance) more clout in the actions of the company when stock is first offered to the public. While Facebook maintains that it does not plan to offer stock publicly in the near future, this restructuring is one of the critical steps in doing so."
hmm (Score:4, Funny)
Re:hmm (Score:4, Funny)
After scoffing when Google IPO'd at $80... and then having to watch as the stock soared to over $500... I might have to get in on this one.
Who needs facebook (Score:4, Funny)
Re:It would be only fitting ;) (Score:3, Funny)
Yeah they should come over to Slashdot, it's the place to be if you want a great social life. Everyone on here are your real life friends, honest, unlike Facebook where it's all imaginary.
Re:Who needs facebook (Score:5, Funny)
Google nuthuggers at it again (Score:0, Funny)
Here we are in a thread that has nothing to do with Google but noooo... the Google nuthuggers are out in force and have to find a way to bring Google into every single article.
Re:Who needs facebook (Score:1, Funny)
Slashdot likes it (thumbs up icon).
Re:hmm (Score:3, Funny)
http://www.rose-hulman.edu/~christ/vfecon_asee2008.pdf
christ goes to rose-hulman? they didn't mention that back in '97 when i was there for a prospective student visit....