|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 proprietor of Resource Relations in Central PA, which focuses on organizational communication, crisis communication, and social media. His blog, “Beetles Beat,” can be found at www.ResourceRelations.com. On Twitter, he’s DougBeetle.
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