Finding a way to pay for a company like any online company that actually does not sell hands on product is difficult to find a source of income. Yes the potential investors should have been amazed because the Facebook is different than anything else out there. The site is able to go for what college students want. It is very hard to try to analytically write about a site that we all know to now affect so many people’s lives. Like this is a company that if anyone knew what Facebook would become as profitable and so part of life than they would invest every penny that they had into it. For the lucky people who did invest they got so lucky to get into a business like this one. I feel so sorry for the people who passed up investing in Facebook. They are probably shooting themselves right now that they said no.
The act of becoming a company is a huge step for an online business. Yes people can make profit from running a business out of your room or small office but once the steps are taken to become a company there are entire new issues. A company becomes very serious and at that point there are more legal aspects that need to be followed because of more employees. Like the book said it is a lot different being a CEO than being roommates with somebody. Getting Rothschild on board seemed to be a huge thing for the company. Getting people with experience like him is great to have when a business is growing. I also think that having inexperience but creative and ambitious people like the founders on board is what makes billion dollar companies not experience. People with experience tend to play it too safe and not take the risks inexperienced people do take. This combination of experience and ambition is a match not to mess with.
To figure out what Facebook truly is, is not so simple to figure out. There are so many if not infinitesimal factors to determine what it really is. But when it comes down to it Facebook is a gateway. It is a gateway of communication and now part of life for many people. Without Facebook many people would not have come back in contact with people they lost touch with. More and more Facebook is changing and it is changing the world. There are becoming more and more things that people can do on Facebook. Like when they talk about photos and how people can see when friends upload new ones. This builds more and more connections between people. On another not privacy is another huge issue on Facebook. Everyone that uses the site knows about the Facebook stalker or has come across someone stalking their page. The only thing is don’t put something up you don’t want the entire world to see simple as that. People can choose what to and what not to put on their page so its up to them to decide what they want people to see. The nice thing now is that we can limit what people and who we want to see our stuff. The evolution of Facebook is becoming a necessity of life. I believe that Facebook is becoming as big as the cell phone. Where do you think Facebook will take us?