Cash from Facebook IPO Likely to Fund More Startups
When we talked to Damon Schechter, CEO of Shipwire, an outsourced e-commerce order fulfillment and logistics service, he told us not only is Facebook rapidly approaching over 1 billion users, they are reaching the tipping point within international markets.
“When you think big you get big results — Facebook is the preeminent example of this approach,” Schechter said. “From his Harvard dorm room to one of the world’s soon-to-be richest men, Zuckerberg created a concept with a ‘stickiness factor’: he understood that its human nature to want to be part of a larger social network — and now he is going to monetize it.”
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