Would an early IPO be Facebook’s greatest folly?
Facebook has been churning through executives almost as quickly as it tossed aside founders in its early days. The departure of CFO Gideon Yu continues a disturbing trend of turnover for a company so small and on the rise. Now Facebook is apparently looking for someone to replace Yu that has experience running a public company. This requirement hints that the company could be filing an IPO in the coming months or at least in the next year or so. Beyond just the sagging economy, here are the reasons that it could be Zuck’s greatest folly.