A Facebook Search Engine on its way?
Apparently the Goldman investment will enable the company’s most wealthy clients to “get in” before an IPO and virtually guarantee that Goldman is the firm (or the lead firm) that takes Facebook public when that eventually happens.
Despite the obvious success of Facebook in 2010, they is rumoured to be increasing pressure for them to go public and create their own search engine to rival Google (proving that the more you succeed the more is expected from you!). Facebook are reportedly making an annual $2 Billion on advertising, serving almost 25% of all US display ads according to comScore.
Something that could potentially interest Facebook would be to buy out the fast growing search engine “Blekko”, to enable them to have their own search engine. But, this is all rumour and circumstance and is not something that I think we will be hearing from Facebook anytime soon, although I am sure it is something that is a definite possibility as the social media giant continues to grow.