Why Does Facebook’s Zuckerberg Need a Mortgage?

After its initial unparalleled success, Facebook is now desperately trying to retain its innovative ideas and staff. One can easily see this in company’s headquarter in California’ Menlo Park.   

(Twitter)

One year ago tomorrow, social networking phenomenon Facebook went public in one of the most highly anticipated initial public offerings of the last decade. Leading up to the IPO, which valued the company at a whopping $104 billion — or 100 times earnings — the hype was intense. Facebook, market prognosticators predicted, would soar in the first day of trading, generating easy gains for the investors who rushed for a piece of the action.

One year ago tomorrow, social networking phenomenon Facebook went public in one of the most highly anticipated initial public offerings of the last decade. Leading up to the IPO, which valued the company at a whopping $104 billion — or 100 times earnings — the hype was intense. Facebook, market prognosticators predicted, would soar in the first day of trading, generating easy gains for the investors who rushed for a piece of the action.

The future of computing is in the palm of your hand — and Facebook knows it. That’s why the most encouraging thing about the tech giant’s generally solid earnings report Wednesday was the fact that mobile revenues represent a fast-growing chunk of the company’s overall business. Facebook founder Mark Zuckerberg has made it clear that mobile growth is a top priority for the company. “There is no argument,” he told Wall Street analysts earlier this year.

The future of computing is in the palm of your hand — and Facebook knows it. That’s why the most encouraging thing about the tech giant’s generally solid earnings report Wednesday was the fact that mobile revenues represent a fast-growing chunk of the company’s overall business. Facebook founder Mark Zuckerberg has made it clear that mobile growth is a top priority for the company. “There is no argument,” he told Wall Street analysts earlier this year.

Facebook has declined to run an ad that criticizes Facebook’s new political lobbying group, FWD.us, because it uses CEO Mark Zuckerberg‘s face.