MIS 301 Chapter Notes - Chapter 11: Sheryl Sandberg, Social Graph, Mobile Advertising
Document Summary
Facebook: a billion-plus users, the high-stakes move to mobile, and big business from the. 1 in 5 people have a fb despite being banned in china. Fb had biggest tech ipo ever; 3rd largest in general. Zuck appointed 3 out of 5 board members. Known for running day-to-day operations @ fb. Facebook was founded by a nineteen-year-old college sophomore and eventual dropout - zuckerberg. It is currently the largest social network in the world , boasting roughly 1. 4 billion. Despite the firm"s rapid growth and initially high stock market valuation, members and usage rates that would be the envy of most media companies. The firm"s rapid growth and high user engagement allowed facebook"s founder. Look for business press stories and analyst quotes at or shortly after the time facebook went public. Some have stated that facebook"s appeal is waning. Facebook received several lucrative buyout offers before the firm went public.