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How Facebook Has Changed Since Going Public 1 Year Ago
"Facebook was not originally created to be a company," CEO Mark Zuckerberg wrote in his SEC Registration letter a little more than three months before Facebook went public on May 18, 2012. "It was built to accomplish a social mission — to make the world more open and connected."
In the year since the Facebook IPO, some things haven't changed: Zuckerberg still sports his trademark hoodies, employees still rate their company and their founder highly, and Facebook still talks about its grand mission to make the world more open and connected. But the era of Facebook operating or being perceived as anything other than a corporation seems more distant with each passing day Read more...
More about Mark Zuckerberg, Facebook Ipo, Business, and FacebookAOL, Yahoo Were Better Investments This Year Than Facebook Stock
Ah, the benefit of hindsight.
Those who rushed to buy Facebook stock at its initial public offering price of $38 per share on May 18, 2012, are likely a little disappointed with their investment one year later. Though the stock has recovered from its $17.55 September 4 low, the price of the stock today, at a little more than $26 per share, is still closer to its all-time low than its opening price.
What if investors had put their money into other technology or Internet companies? Statistics database Statista looked at how a $1,000 investment made on the day of Facebook's IPO would have performed nearly one year later in the chart below. Read more...
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Tech Company Extends Job Offer to Recent Grad Via Instagram
It's a common practice for job applicants to use social media to stand out to employers. We've seen the Vine resume, the Kickstarter one and enough infographics to make you cry. But how often do you see a company get creative when making an offer?
Tech marketing firm ePrize posted a picture to Instagram this week asking its former marketing intern Samantha Bankey, who graduated from Ferris State University in Michigan last weekend, to join the company
"We used Instagram because Samantha is highly engaged on this platform, and we've watched her work progress over her senior year in college through her photos," said Janice Pollard, digital marketing and public relations leader for ePrize."She follows ePrize on Instagram, Twitter and Facebook, as well as some of our personal accounts. We cross-pollinated the job proposal photo across all of our social channels as well." Read more...
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