Sure, Facebook is huge — a global phenomenon. But will it be the next Microsoft? Will its great wall be visible from outer space? Daisy Prince posts a status update
THIS IS SET to be the year of Facebook. It all started on 2 January, when Goldman Sachs quietly sent out a notice to their ultra-high-net-worth clients saying that there was an opportunity they could invest in. Therein started one of the most closely watched processes for investing in a company ever seen. In the following two weeks, speculation about the deal reached fever pitch, as the papers speculated on who would get the shares and whether or not the stock would IPO in 2012.