Facebook confirmed rumors by filing for an IPO on February 1, 2012. Facebook Founder and CEO Mark Zuckerberg took the opportunity to send a letter to prospective investors.
“Facebook was not originally created to be a company. It was built to accomplish a social mission – to make the world more open and connected,” said Zuckerberg. “We think it’s important that everyone who invests in Facebook understands what this mission means to us, how we make decisions and why we do the things we do.”
“We believe that a more open world is a better world because people with more information can make better decisions and have a greater impact,” he continued. “That goes for running our company as well. We work hard to make sure everyone at Facebook has access to as much information as possible about every part of the company so they can make the best decisions and have the greatest impact.”
“Once again, Facebook exists to make the world more open and connected, and not just to build a company. We expect everyone at Facebook to focus every day on how to build real value for the world in everything they do. Thanks for taking the time to read this letter. We believe that we have an opportunity to have an important impact on the world and build a lasting company in the process. I look forward to building something great together,” Zuckerberg concluded.
Source: Reuters.com
