Zuckerberg Has Grown-Up Plans for Facebook
He wants his company to be a blue-chip business
By Matt Cantor, Newser User
Posted Dec 22, 2011 5:31 PM CST
Mark Zuckerberg sees a big future for Facebook.   (AP Photo/Steven Senne)

(Newser) – With Facebook's IPO on the way, Mark Zuckerberg is looking to the future. Over the past year and a half, the site's CEO has worked toward a more mature company, reports the Wall Street Journal. He's seeking blue-chip status and beyond. "There was a period in Microsoft's evolution where they said, we want to put a computer on everyone's desk," he tells the newspaper. "That's the way that I want to run Facebook," with a "longer vision of where we think the world should be."

To that end, the firm has been practicing for a bigger stage. In addition to hiring a strong executive and legal team in recent years, Facebook workers have been training for the IPO, taking simulated analysts' questions and writing up scripts for earnings calls. While tech companies don't usually rank among the blue chips, Facebook's "scale" could make the difference, says an analyst. To reach his goals, Zuckerberg is even making some sacrifices of his own: Instead of wearing his iconic Adidas sandals, he's graduated to Brooks sneakers.

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Showing 3 of 9 comments
Dec 24, 2011 10:54 AM CST
"longer vision of where we think the world should be." Chilling. I just deleted my Facebook account over THAT statement alone. I have my PC tech guru coming to de-crappify my PC's next week. Email addresses will all be changed. Going to hushmail. Out with the old, in with the new!
Dec 23, 2011 9:24 PM CST
Facebook's IPO will - once again - be a massive pump and dump - ladling on worthless stock at a huge price. Zuckerschmuck is banking on Facebook "members" to want to own this shite-stock, and many will. Then they'll find out how ruthless the market is. He is banking in ignorance - and it's out there...in droves. SELL!
Dec 23, 2011 12:32 AM CST
Facebook files for a Trademark on the word "Like" heres the article... www.squidoo.com/tradze-fan-page