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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?

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • KCRW placeholder

      Lise Buyer

      Class V Group

    • KCRW placeholder

      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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