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April 24, 2012 11:03 pm GMT
Would you prefer a CEO who's in the trenches making their company worth more, or one who sings and dances for potential investors? In Facebook's case, having Mark Zuckerberg remain the visionary rather than become a celebrity salesman will be crucial to the company staying on top.Zuckerberg's steered Facebook around so many pitfalls. And his dedication to the product is so inspiring to his employees that the social network risks disruption and demoralization if the IPO attempts to sew a business suit on the hoodie-clad 27 year old.Now CNBC reports that Zuckerburg has been so busy running the company and making huge acquisitions like the $1 billion+ buy of Instagram that it could force Facebook to delay its IPO from the May 17th date we've heard from multiple sources, to late May or even early June. The pre-IPO roadshow would have to be pushed back as well. Potential investors might groan, but one day they might be smiling all the way to the bank.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/a2jh61qRl7o/
Zucks So Busy Buying Billion $ Companies, Facebook May Delay IPO. And Thats Good.
Would you prefer a CEO who's in the trenches making their company worth more, or one who sings and dances for potential investors? In Facebook's case, having Mark Zuckerberg remain the visionary rather than become a celebrity salesman will be crucial to the company staying on top.Zuckerberg's steered Facebook around so many pitfalls. And his dedication to the product is so inspiring to his employees that the social network risks disruption and demoralization if the IPO attempts to sew a business suit on the hoodie-clad 27 year old.Now CNBC reports that Zuckerburg has been so busy running the company and making huge acquisitions like the $1 billion+ buy of Instagram that it could force Facebook to delay its IPO from the May 17th date we've heard from multiple sources, to late May or even early June. The pre-IPO roadshow would have to be pushed back as well. Potential investors might groan, but one day they might be smiling all the way to the bank.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/a2jh61qRl7o/
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