This Week: Facebook’s IPO Makes 1000 Millionaires + The Future of the Social Intranet

There’s been nothing more talked about this week than the Facebook IPO. Not just because a lot of people are going to make a lot of money — well OK, maybe that’s exactly why everyone is so jazzed up. It’s been reported that more than 1000 millionaires were created yesterday.

The FB stock closed at a mediocre US$ 38.23 with a market cap of US$ 104.82 billion — roughly 50% of Google’s market value. A vigorous first day on the market saw 580 million shares trade hands but not much of the spike that many expected.

But we see more here. The IPO signifies notable things for big data and acts as a health signal for the social business space overall.

Beyond the Facebook IPO chatter, we’ve been looking at changes taking place within the social enterprise:

REMINDER: Next Wednesday, May 23rd, our Mobile Experience Tweet Jam takes place and we’d love to see you there. Get the details here.

Most Popular

Editor’s Picks

Around the Web

Featured Events (all events | post your event)

Featured Jobs (all jobs | post your job)


Useful article?

  Email It


Tags: , , ,

Leave Your Response

You must be logged in to post a comment.

Our Services

Web Design

Concept designs to XHTML/CSS.


Logos designs to Graphics.


Content Manegement Systems (CMS)

Last News

$99.00 Websites

Contact Us for more details

Social Media Hits / Fan Package

We will get you likes to your facebook fan Page or followers to your twitter page.. Contact Us for details

Get In Touch

Tech Guru Today
Email: Contact Us

social social social social social

About Us

We provide IT solutions for Small Businesses in Virginia, Maryland and Washington DC.

We have been in business for almost a decade providing cutting edge Online / Offline Personal and Businesses Solutions.