On May 18 Facebook will become a public company. Some analysts are already doubting whether the $100B IPO value attached to the deal is adequate, while others refer to it as ridiculous. (See here)
How is Facebook going public a privacy threat?
With such a high tag price and hype surrounding its IPO, we are likely to see Facebook’s management and executives under constant pressure by investors, shareholders and the press to provide continuous positive financial results in order to support its share price (bear in mind that revenues actually decreased recently). (See here)
To show the desired financial results, companies in different industries use various methods to improve their products. Facebook’s “product” is its users data (yep, yours and mine) and therefore we can expect more of our once private information being used.