|Facebook Facing the Investor Throng
By: Doug Bedell
We wondered at the time whether Facebook was a substantial enough entity to list itself on the stock exchange, and we still do. Now, with Facebook's stock at half its opening price, there's a Wall Street clamor for Mark Zuckerberg to be something he likely isn't: a corporate statesman. Maybe a social media enterprise should concentrate exclusively on fostering its members' exchanges with each other and not offer itself to investors.
In any event, NBC News reports, Facebook now has a huge public relations, or investor relations, problem.
Doug Bedell has a background in journalism and PR and is the owner of Resource Relations LLC in Central PA, focusing on organizational and crisis communication. He’s the community manager of SimplyFair.net, a social network on fairness. On the Web, Doug’s at www.ResourceRelations.com. On Twitter, he’s @DougBeetle.
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