By Jaime Ortega Simo.
Rolfe Winkler
Hello Jaime,
1) Why do you think Facebook wants to go public?
It wasn’t a matter of wanting to go public so much as regulations require them too. The SEC’s 500 investor rule requires companies with that many shareholders to file financials publicly. Might as well raise capital at the same time.
2) If they finally go public, will that affect Facebook users in the long run?
Not much should change. With his super-voting shares, Zuckerberg will still have complete control of the company.
3) When companies that large go public, what are the pros and the cons (you can give one example of both)?
Pro: Zuckerberg will have publicly trading stock which he can use to help finance acquisitions
Cons: increased scrutiny from the public and pressure to deliver solid results each quarter.
Thank you Mr Winkler, I really appreciate your time, effort and help. You will be the star quote for my article.
