Friday, May 20, 2011

The success of LinkedIn encouraging Facebook to go public

Sheryl Sandberg, Facebook's operational responsibility, has said the IPO of the network is "inevitable" but provided no further details on the plans of the company, told Reuters. Sandberg has taken this comment to emphasize that Facebook is not for sale. "They used to ask if someone would buy. Now no one does." The successful flotation of another social network, LinkedIn, could accelerate plans Facebook.

The said spokesman stressed that the case demonstrates the importance of LinkedIn business social networking behind. Another front slope is the Chinese market. Zuckerberg has already made a visit to Beijing and is preparing another. Sandberg commented that Facebook aims to connect the world and this is impossible without doing so in China.

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