Facebook

Currently there is being a large transition that Facebook the global phenomenon is taking a major leap from being a privately owned and operated to being transformed into a publicly owned and operated company. What this means is that Facebook will soon be seen on the Nasdaq which was recently announced and majorly anticipated by the market. This is something that many people are questioning the success of Facebook becoming a publicly traded company.  On the other side of the story investors are anxiously awaiting for this to happen, there is a potential for many investors worldwide that will soon have the chance to become partial owners of this extremely popular social media website that is seen everywhere from cereal boxes ad campaigns on television and the radio.  This is quite possibly the biggest thing that has happened recently in the market, with this being such a controversy as to the direction the the CEO Mark Zuckerburg is taking since he is one of the youngest and most wealthiest entrepreneur.  Although I take this to be a once in a life time opportunity for not only wall st and major investment corporation but for everyone like people like me.  I am extremely curious to see how Facebook goes about this transition.  One thing that I am extremely interested in is what the Facebook will start their shares at.  Would it be more beneficial for Facebook to have cheaper/moderate stock prices or should they keep their shares high in order to have a smaller more powerful owners of the corporation.  What would be the best approach for Facebook to take? Also do you think this is a smart idea for Facebook  by going public or should they stay a privately owned corporation?