Since announcing its intention to become a Publicly traded company, Wall Street and the Tech world has been buzzing with speculation. Wall Street investors are focused on how much money is to be made while Tech experts are questioning what changes this will bring to the Social Media giant.
Today on Down to Business English, Skip and Dez take a close look at what an IPO is, how this IPO might change Facebook, and is it a good investment?
Skip: This is Skip Montreux in Tokyo Japan
Dez: And I’m Dez Morgan in Abu Dhabi in the UAE.
Skip: And you are listening to an all new episode of Down to Business English.
Skip: Good to hear your voice Dez. I trust that all is well with you.
Dez: Thanks Skip. As a matter of fact things are going really well at the moment.
Skip: Oh? Anything in particular happen to put you in such a perky mood?
Dez: Well it’s a culmination of things I suppose. I’ve been enjoying the weather recently, I’m working with a nice group of students at the moment, and to top it all off, my stock portfolio is starting to see a glimmer of hope.
Skip: That is good news indeed. I imagine more people in your position are seeing similar results with stock markets in North America and Asia slowly climbing back to the levels before the crash in 2008.
Dez: Perhaps, but managing your own stock portfolio is still a very tough slog.
Skip: Best left to the experts I suppose.
Dez: I wouldn’t recommend going it alone, unless you have a knack for doing research. It takes a lot of time to evaluate companies, look for trends, and take the pulse of world events.
Skip: Sounds very demanding. So I guess you are all up to date with what is happening with the recently announced Facebook IPO?
Dez: Well, embarrassingly enough, no I’m not. To tell the truth, I don’t invest that much in tech stocks or Internet companies, so I don’t follow them as closely as other sectors.
Skip: Oh, you are more into traditional investments?
Dez: Yes, I tend to stick with commodities for short term trades and large blue chip companies for the longer term. However I did hear their announcement last month about going public, but I’m not quite up to speed on the details.
Skip: No problem. If you can help by explaining what an IPO is, I will fill everyone in with the nitty gritty details the Facebook IPO.
Dez: Yeah, sounds fair.
Skip: So lets do it. Let’s get D2B…Down to Business with Facebook’s IPO: what is it, how will it change Facebook, and most importantly—is it a good investment?