GM shook the business world by pulling out of Facebook this week. Are they wrong? Can 900 million Facebook users be wrong?
WSJ reports that Goldman Sachs, Accel Partners, and DST Global are just some of the companies that are planning to sell their Facebook shares.
As Facebook advertising revenues have been volatile, not even showing a growth quarter over quarter, is it worth the focus and investment of international business and consumers, let alone the IPO hype? Will the final clash for Facebook be the need to monetise versus the need to keep its users engaged?
Dennis Berman talks to Evan Newmark on WSJ‘s Mean Street to discuss the forecast for Facebook as it faces its IPO tomorrow.