On 11, Sep 2012 | 6 Comments | In Blog, News, Strategy | By Alex
Does anyone really believe Facebook won’t make it? Since when does anyone really listen to Wall Street? Let’s face it, Wall Street is still sour. They drank the Kool-Aid and it wasn’t sweet.
Facebook was forced to go public by the SEC. The revenue growth was phenomenal and they were investing in R&D as they should have been. Then the unexpected happened. A perfect storm. After years and years of waiting, the smartphone market finally started to impact the world in a significant way. You can thank Google’s Android platforms for the acceleration. Facebook wasn’t ready and they got caught with their pants down. Had Facebooks’s IPO been a year or two earlier, the public and Wall Street would have been in awe with the growth of this stock; $30 a share or better.
Don’t count Facebook out just yet…


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