The wait is almost over and after months of speculation and prognostication the Facebook IPO is almost here. While Facebook founder Mark Zuckerberg has been receiving plenty of kudos for building the social network up from a MySpace wannabe to a $100 billion company, he should perhaps be mindful that there is a big difference between getting to the top and staying there.
The saga playing out at Yahoo should be a handy signpost for Zuckerberg and what’s interesting is that the man temporarily in charge at the ailing internet pioneer, Ross Levinsohn, was once intimately linked to MySpace.
MySpace proved to be one of Rupert Murdoch’s biggest online failures and I am sure Levinsohn would have a story or two for Zuckerberg, just to keep things in perspective.
Facebook’s IPO is going to be very successful but we will have to wait and see whether it can avoid the fate of some of its peers.