PLEDGE NOW
Facebook Goes Public

The world’s largest social network readies its IPO. Do you want in?

The social networking site Facebook says it plans to go public later this month. (AP)

The social networking site Facebook says it plans to go public later this month. (AP)

Social networking giant Facebook is on the home stretch of its IPO this week. It’s initial public offering. Readying to sell shares to the general public. And to do it at the highest debut corporate valuation in the U.S. ever — nearly $100 billion, if all goes according to Facebook’s wildest dreams.

27-year-old founder and CEO Mark Zuckerberg and his team are hitting the road, talking up a golden future. In 2004, he was a college kid with a big idea. So, is Facebook work more the McDonalds? Amazon? Hewlett-Packard?

This hour, On Point: Facebook goes for the gold.

-Tom Ashbrook

Guests

Shayndi Raice, technology reporter for the Wall Street Journal.

David Kirkpatrick, founder of the Techonomy Conference and author of The Facebook Effect: The Inside Story of the Company that is Connecting the World.

Richard Waters, West Coast editor for the Financial Times.

C-Segment: Joanna Weiss On Facebook

Joanna Weiss, op-ed columnist for the Boston Globe. Her piece on the social networking site’s IPO is here.

From Tom’s Reading List

CNN “Mark Zuckerberg is Time’s Man of the Year, the movie about him seems likely to be an Oscar winner, and now Goldman Sachs is raising $1.5 billion from its favorite investors on behalf of the social networking company.”

The Washington Post “Facebook Inc.’s $11.8 billion initial public offering will cement the status of 27-year-old Mark Zuckerberg as one of the world’s richest men and put his social network among the highest-valued companies in the U.S.”

You can find investing information from Facebook here.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Feb 8, 2016
Sign stands outside property for rent Friday, Nov. 20, 2015, in south Denver. (AP Photo/David Zalubowski)

If it feels like rents are sky-high, you’re right. Some now paying more than half their income on rent. Some say crisis. We’ll dig in.

Feb 8, 2016
Legendary film critic  Roger Ebert in an archival image from his early days at the Chicago Sun-Times. (Flickr / WikiCommons)

The critic speaks. The New York Times’ A.O. Scott on how to think about art, pleasure, beauty and truth.

RECENT
SHOWS
Feb 5, 2016
A portion of the cover of Ben Ratliff's new book, "Every Song Ever." (Courtesy Farar, Straus and Giroux / The Publisher)

How to choose music in an age when everything is online and always there. New York Times music critic Ben Ratliff shows the way.

 
Feb 5, 2016
Republican presidential candidate, Sen. Ted Cruz, R-Texas mingles at a campaign event at Robie's Country Store, Wednesday, Feb. 3, 2016, in Hooksett, N.H. (AP Photo/Elise Amendola)

Ted Cruz, Clinton and Sanders out of Iowa. Zika panic. Syrian peace talks fall apart. Our weekly news roundtable goes behind the headlines.

On Point Blog
On Point Blog
Notes From New Hampshire, #4: Donald Trump — You Heard It First!
Friday, Feb 5, 2016

Jack Beatty recounts an evening rally with Republican Presidential frontrunner Donald Trump, and wonders if the billionaire businessman is really looking for an exit.

More »
Comment
 
Our Week In The Web: February 5, 2016
Friday, Feb 5, 2016

Spread the word — we FINALLY have both a new website (in beta) and a new newsletter. Sign up, visit and see what’s happening in the On Point digital universe.

More »
Comment
 
Notes From New Hampshire, #3: Jeb Bush — Cry for Me, America!
Thursday, Feb 4, 2016

Former Gov. Jeb Bush (R) asked a New Hampshire audience to clap for him — and our own Jack Beatty was there to hear it.

More »
Comment