F 1) FACEBOOK’s business model: It turned to be that facebook doesn’t have a certain business model to generate revenue‚ since facebook was launched at the beginning as a social site where people can meet and become friends‚ but never thought to have a profit out of these relationships built. But lately facebook owners started thinking about creating a business model to have a revenue out of the site’s functions‚ and decided to include the old fashion online business model which is creating display
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He was dazed and confused‚ but now he is high-spirited and vigorous. Mark Zuckerberg‚ the 28-year-old CEO of the Facebook‚ proved a variety of possibilities in the Internet era by his own way. How did he do this? What made Zuckerberg so successful? First‚ he was full of confidence. In Chung (2012)’s article‚ Mark tried to explain his landlord Judy Fusco that what the Facebook is. “He said they were going to build a network that would change the world.” At that time‚ Judy was impressed by Mark’s
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PROS Advantages and examples Lets start with all of the things that make facebook a great thing to have. First of all it has a highest users percentage of all social sites ‚ which means there is good chance that most of your friends‚ schoolmates‚ co-workers or relatives will have a facebook profile that you can interact with. Facebook is one of the greatest sides to communitace in any way. You can chat with your friends‚ you can even send a private message to people who arent your frineds
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the most common ones are Facebook Myspace and twitter and there are so many more that the list could go on. These sites specialize in connecting people‚ either by letting them send messages or pictures or by enabling them to play online games together and comment on each other ’s walls or photos. These social networks have enormous popularity because many people are engaging in this kind of online activity on social networks‚ they have enormous benefits of either Facebook ’s strategy of keeping in
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SGMT 6050 – Mergers and Acquisitions Facebook IPO Facebook‚ a social networking site‚ has grown at an exponential rate that far surpasses market expectation‚ so much so that its growth rate is referred to as the “ Facebook phenomenal”. In 2004‚ Facebook had 1million monthly active users‚ and in comparison‚ it had reached 845million monthly active users in 2011. This phenomenal led to one of the biggest initial public offerings (IPO) the market had seen in recent years‚ with total capital raised
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Facebook was launched in February 2004 by Harvard undergrad students as an alternative to the traditional student directory. Its popularity quickly spread to other colleges in the US by word of mouth‚ and the site now registers close to 15M monthly UVs and over 6B page views per month. Facebook has completed two rounds of venture financing at very high valuations‚ the first at a valuation of ~$100M and the second at ~$550M (valuations are unconfirmed). These valuations were driven by the multiple
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INTRODUCTION: FACEBOOK WEBSITE When a student enters their first year of college‚ the first thing they do is created a profile of themselves on Facebook. Students try to network with students in the same university‚ so that they will be able to get to know people at their university. Facebook users try to provide information about them‚ so others‚ who have similar interest‚ may become friends with them. But sometimes‚ Facebook users provide too much information and don’t protect their information
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Topic: Privacy Restrictions of Facebook – Unquestionable or Unachievable Date of Submission: 25th October 2010 It is alarming how fast technology is improving. Nowadays‚ it seems like having a Facebook account is a daily necessity or even a trend. According to a research done by TIMES magazine‚ more than one in four people who browse the Internet not only have a Facebook account but have returned to the site in the past thirty days. It is truly alarming how much Facebook has expanded. “Sometime in
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Facebook‚ Inc: The Initial Public Offering 1. How does Facebook make money? What are the value drivers of its business? What is its comparative advantage relative to other social networking companies? (1) Facebook makes money from the following three main fields First is the advertising. According to the case‚ we know that the major revenue of Facebook is advertising‚ which took up 98 percent in 2009‚ 95 percent in 2010 and 85 percent in 2011. Facebook uses all information uploaded
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Question > Why do people use Facebook and what do they do when they are there? The social networking website fulfill 2 needs 1) Need for belongingness 2) Need for presenting yourself to the world/surroundings Internet based services like Facebook gives some capabilities to the individual to present themselves to the world and share events/photos etc. to the outside world. Initially Facebook started with an idea for interacting students of a common school‚ but now it becomes so large
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