Is Facebook Finally Going To Do Something Interesting?

I can think of few subjects less interesting than Facebook's forthcoming IPO. There, I said it. I honestly don't get what the big deal is. So a few thousand people will finally liquidize their locked-up wealth, and the hoi polloi will at last be able to buy Facebook shares. Stop the presses! (It won't meaningfully affect their ability to buy other companies; they already have $4 billion in cash on hand, and I seriously doubt they have any multibillion dollar acquisitions in mind.) I guess if you measure innovation by keeping financial score, this seems exciting, but if you measure by, you know, actual innovation, this is a total nonevent. However. All the IPO furore has introduced one interesting data point: Mark Zuckerberg's S-1 letter, which includes the unexpectedly striking--daring, even--paragraphs

We hope to change how people relate to their governments and social institutions.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/oHxolXXjaAA/

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