Facebook Is Now a Public Company - Now It Is Time to Mend The Company's Reputation

There is nothing that gets your adrenaline going over when the gun goes off in the 1500 m and you slightly trip when you start, and the other runners surge ahead. Perhaps this is what Facebook needed, a small adversity to build some character in that young group of entrepreneurs. First off, Facebook needs to get back in the race, as their company's reputation had an unfortunate trip up with their IPO. Currently, their credibility is not doing so hot, and there's plenty of pundits predicting an early demise. All right so, let's discuss this for second shall they?

One thing I learned when competing in track and field and foot races was that even in the event you got a lousy start, that didn't necessarily mean you could not pull off a victory. Now then, if they take that lesson and apply it to business in the social networking space, they see that Facebook got off to a dismal start with their IPO, that is to say they stumbled along the beginning point. Does this mean the company is dead? No, and perhaps this will light a fire under their rear ends to go out and do something great.

There were some recent announcements by Facebook right after their IPO, first they are going Mobile! Next, they are letting more teenie-boppers in (under 13-years of age) onto the social network, and they have opened an app store, well, that is nice, but seriously, they have much more issues on their hands than copying the remainder of the tech world. In the event that they cannot innovate, well then why are they needed, they already have all that stuff. Even their launch of "simple mobile payments" leaves us wondering in the event that they have anything genuinely new or even improved on current expertise.

You see, no announcement from Facebook on any new products, strategies, or offerings is credible anymore, they have lost all credibility, everyone in Tech knows it, now Wall Street , and the Facebookers themselves appear to having second thoughts - as well they ought to. It is time for Facebook to cease speaking and start showing us all. Otherwise, history will show them the door. Facebook's reputation was lost due to the lousy performance of their IPO.

And with all due respect it wasn't all their fault - Morgan Stanley mispriced it, the NASDAQ screwed up the orders and their process crashed for Facebook stock buyers and sellers ($40 million now set aside to fix that mess). It was a failure, but why ought to any of this surprise us? Well, that is where they are at now, but this is a long race, and for Facebook the actual racing starts now, because now they are in the large leagues, and it does matter, the necessity to make every step count. Indeed I hope you will think about all this and think on.