Reuters - Video

Edition: US | UK | IN | CN | JP

Video

U.S. Day Ahead: 3, 2, 1...Facebook launches IPO

Thursday, May 17, 2012 - 02:27

May 17 - Facebook's launch could be the third-largest in U.S. history, but not everybody is feeling the frenzy, according to Reuters Social Media Editor Anthony De Rosa.

▲ Hide Transcript

View Transcript

If you thought there was too much hype surrounding Facebook's launch. Then wait until Friday feeding frenzy of social media -- begins training in the morning on the NASDAQ. Under the ticker -- Mean if that's been the third biggest IPO after being GM. It could be worth over 100 billion dollars if you -- shares by now don't expect to snap -- up in the first hours trading. And brokerages have stopped taking orders. There's a lot of buzz right social media editor at Derosa says not everybody is happy. Sound and this. Point FaceBook users are realizing that the IPO is the culmination of all this information evening creating value for the service the demographics are formation. And there's a bit of a backlash because they now realize that there are gonna be monetized. And investors -- gonna get. Make a ton of money off the interactions and they're putting it on service. Looking at Facebook's fundamentals some investors are worried it has not yet figured out a way to fully tap into its user base. Revenue growth from Facebook's online ad business has slowed in recent months that unit accounts for the bulk of its earnings. Captain Phillips management professor at Columbia Business School says FaceBook may have to take drastic steps to address that issue. I wouldn't be surprised if someone asks that are being -- -- -- they are on FaceBook. Com things that you may have to pay a small fee maybe a membership fee for some of I'm more unique features because there are shareholders' I have to be I have to pay. If not FaceBook news there's just a couple of retail results to know so they are and Taylor blocker not expected to beat or missed earnings estimates according to start line. Expect president Barack Obama to stress the importance of the European community when he meets with French president Francois Altman. The newly elected leader campaign against austerity to solve the Euro zone's debt grows he still -- -- an economic team that won't rock the euros -- according to breaking news. -- picture that might make Friday's papers hit the interior of the NASDAQ in New York which host Facebook's IPO on Friday. But the company's boss Mark Zuckerberg is expected to start the exchange's trading day. From his California headquarters in Menlo Park. That's our image of the day follow us on Twitter at Reuters Insider I'm not to shop there this is writers.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: 3, 2, 1...Facebook launches IPO

Thursday, May 17, 2012 - 02:27