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Back to To the Point

To the Point

Can Facebook Go Public and Change the World?

When Facebook goes public, it's expected to be the biggest initial public offering (IPO) in Silicon Valley history, possibly raising $10 billion on a value of $100 billion. Founder Mark Zuckerberg says, "We don't build services to make money, we make money to build better services."

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By Warren Olney • May 12, 2014 • 1 min read

When Facebook goes public, it's expected to be the biggest initial public offering (IPO) in Silicon Valley history, possibly raising $10 billion on a value of $100 billion. Founder Mark Zuckerberg says, "We don't build services to make money, we make money to build better services." What will that mean to potential investors — especially when Zuckerberg, age 27 — will retain almost total control? Will becoming a publicly traded company necessarily change his style? How will he deal with government oversight, especially overseas? As he sells the personal data of 800 million "friends," will they all stay comfortable or raise more questions about violations of privacy?

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    Warren Olney

    former KCRW broadcaster

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

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    Anna Scott

    Former KCRW Housing and Homelessness Reporter

  • KCRW placeholder

    Lise Buyer

    Class V Group

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    Nate Elliott

    Forrester Research

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    Douglas Rushkoff

    professor of media theory and data economics at Queens/CUNY, author of “Survival of the Richest: Escape Fantasies of the Tech Billionaires”

    NewsNationalPolitics
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