Why do company's go public? For example, why is Facebook going public? How will they benefit from doing this? What will they do with the money they receive from investors?
What is the purpose and benifits of a company going public?
Unless people can tell the future no one actually knows.
And like stockjock said the reason to go public is one simple thing. MONEY. It is like asking what is the point of starting a business, no one starts a business to just look cool they start one for money.
In the end its all about the benjamins yo
All I know about Zynga is that they make money from people buying cows or something on farmville.
If more people are going to play farmville now that facebook is public, then ZNGA is going to go higher.
Are more people going to play farmville after the facebook IPO?
i know i will be!!!
imagine telling the CEO's 10 years ago that they'd be captains of a company that "makes money from people buying cows or something on farmville."
I can see that meeting:
"So customers play the game for free?"
"and then we sell virtual cows to people?"
"and then people keep buying virtual stuff? That is the dumbest idea I have ever heard of! It is SO stupid, it just may work!"
It amazes me what people spend money on.
I'll tell you what though..
i was at the supermarket the other week and their was a rack of gift cards and among them was a $20 AND $25 gift card for Farmville...
I have no idea whos buying them but...that peg wasn't completely full