二月頭的新聞,放在draft, 現在release 出來..
FB 上市, 我唔係財演, 不是專家, 上search engine 打 “facebook上市” ,自己慢慢看..
但是可以由上市文件一看, FB 的收入來源和風險管理:
http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm
If we fail to retain existing users or add new users, or if our users decrease their level of engagement with Facebook, our revenue, financial results, and business may be significantly harmed; (無人玩FB, 死得)
We generate a substantial majority of our revenue from advertising. The loss of advertisers, or reduction in spending by advertisers with Facebook, could seriously harm our business; (無廣告落FB, 死得)
Growth in use of Facebook through our mobile products, where we do not currently display ads, as a substitute for use on personal computers may negatively affect our revenue and financial results;(原來fb無廣告落iphone, android, 有個markert 未用)
Facebook user growth and engagement on mobile devices depend upon effective operation with mobile operating systems, networks, and standards that we do not control;
We may not be successful in our efforts to grow and further monetize the Facebook Platform;
Our business is highly competitive, and competition presents an ongoing threat to the success of our business;
Improper access to or disclosure of our users’ information could harm our reputation and adversely affect our business;
Our business is subject to complex and evolving U.S. and foreign laws and regulations regarding privacy, data protection, and other matters. Many of these laws and regulations are subject to change and uncertain interpretation, and could harm our business;
Our CEO has control over key decision making as a result of his control of a majority of our voting stock;
The loss of Mark Zuckerberg, Sheryl K. Sandberg, or other key personnel could harm our business;
We anticipate that we will expend substantial funds in connection with tax withholding and remittance obligations related to the initial settlement of our restricted stock units (RSUs) approximately six months following our initial public offering;
The market price of our Class A common stock may be volatile or may decline, and you may not be able to resell your shares at or above the initial public offering price; and
Substantial blocks of our total outstanding shares may be sold into the market as “lock-up” periods end, as further described in “Shares Eligible for Future Sale.” If there are substantial sales of shares of our common stock, the price of our Class A common stock could decline.
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Revenue (原來Zynga是facebook 最大的收入來源)
We currently generate significant revenue as a result of our relationship with Zynga, and, if we are unable to successfully maintain this relationship, our financial results could be harmed.
