Mobile Ads To Go Live Before Facebook Stock Starts Trading
Facebook is developing the
new
mobile ad product and wants it to go live before its IPO starts trading,
inside info tells chargezone.co.uk
Thus it makes total sense that Facebook is in a rush to get a new revenue stream online before it starts selling stock, so that it can convince retail investors that there is future growth in a company whose stock is clearly already over-hyped or very attractive to some.
www.chargezone.co.uk
Lack of mobile ad revenue was one
of the few negatives Facebook revealed in its S-1 filing. It's actually a drag
on revenue, because Facebook's
overall ad business is slowing and majority of its users are accessing their
accounts on smartphones.
Thus it makes total sense that Facebook is in a rush to get a new revenue stream online before it starts selling stock, so that it can convince retail investors that there is future growth in a company whose stock is clearly already over-hyped or very attractive to some.
www.chargezone.co.uk
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