Oct. 4 - Antony Currie and Breakingviews columnists discuss the social media company's refreshingly shareholder-friendly IPO filing and what challenges lie ahead.
It's a -- just funny how often I appearance hoping to raise up to one billion dollars. -- this thinking this is going to be fantastic it's another tech companies and have lots of juicy stuff we can look at and laugh out. This -- needs to look at this last night and and the doctor tuchman is remarkably you certainly had Japanese and it's in simplicity that can happen. -- protect companies as. You know there's no there's a -- letter and a company from the CEO saying they're gonna change the world in and benefits more from parents and I think that yeah it's it's gotten over multiple classes of shares seen as being the despotic founder and control the company went premise is this is seeing quite a big thing of -- having giggles at it when they went public 1011 years ago. FaceBook today seeing how to get three -- three cost us a little this doesn't -- a sudden we -- -- -- put law is that Jeff battle with little substance to really tech companies in ways that are taking advantage of everything they -- In terms you know the market. You know there -- founders and another big component services. Actually the backers are not. Solid not selling as which is a huge factor in both the -- but -- large chunk of the sun being sold people who have bought -- you know over so you know rounds and it was that we we called night in night -- yeah. FaceBook had basically been public for a lot knuckles in an -- among these in the great sand. In this case with good as you know all the shares that are being sold at least to date and all the money's gonna go to the company -- company says it's spinning it can easily. That of course that's because the company needs the money and let's face it it's. -- lose money yes its losses have medical work something this year that's not so works a bit but then again from it it's. You know it's growing so quickly and it looks that the company could just taper back at any moment and want to turn a profitability you know they've made it seem to be aiming for growth that's what the president has -- everybody is actually user base which is one of the concerns I guess it's come out of their little over 200 million monthly users -- Compared to a billion Facebook's. Back growth does not seem to be. So -- ramping up as much as people had hoped for fought. Yet and then the question is also you know -- if it's where the group -- -- growth coming from coming from overseas and also -- hasn't done it very. Good job so far -- getting money in these. These overseas that the improving but it still Jesus of the points you make and company is gonna face to -- that getting them catching monetizing what they've got yet the proper faced a couple of years ago was mobile Everett was like you know all their money is coming from the desktop and -- to switching to vote on questions -- to admit anything at all and Twitter updated. -- where it is. I've had I've had that nice big risk factor now gone that's good and put in numbers -- expert and Paxson. I think well thanks rob thanks Jeff will definitely be keeping an eye on twit is not here I'm will be back next week it will breaking news.