Surge in mobile use, competition for advertising dollars among Facebook IPO risks

Hot on the heels of Facebook’s proposed initial public offering, in which the social networking company hopes to raise $5 billion by selling its shares to the public, comes speculation about potential shareholder risks.

Fort Lauderdale attorney Bob White of Gunster’s technology and entrepreneurial companies practice, spoke to USA Today about potential red flags in Facebook’s proposed initial public offering.

Here’s an excerpt from the USA Today article:

Among potential threats to owning Facebook stock, the company named competition from Google for users and ad dollars, the need to attract mobile ads, and the possibility of privacy breaches of members’ information.

Facebook’s stock is expected to begin trading in May under the ticker symbol FB in what will likely be the largest-ever Internet IPO. 

….

The considerable hype that surrounds the planned stock offering is tempered by several other red flags revealed in Wednesday’s filing with the Securities and Exchange Commission …

Read the entire article: Facebook outlines investor perils in IPO

More information about Gunster attorney Bob White.

Tags: Robert C. White, Jr.