July 5, 2011

China Wants A Piece of Facebook

Suprise, surprise; China just wants a piece of everything. On Tuesday Forbes blogger, Gordon Chang reported that Beijing approached an investment fund with particular interest in accumulating a 'formidable' stake in the company. But experts have expressed the little need for concern because the proposed $1 billion dollar investment would not be significant. On the political side of the fence, people need not worry about China's access to Facebook profile as shareholders do not have access and Beijing would purchase non-voting shares, which would make their opinions null and void. Well that doesn't seem so bad. I think Mark Z should hold on tight to all his stock for a couple years, then go public and reap the rewards; without compromising the originality and integrity of the brand. What do you think? We all have Facebook accounts.

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