Facebook IPO Impacts Seattle
By: Leon Castles
on Friday, April 27, 2012
Seattle has always been the biggest office location for Facebook outside California and therefore many people in Seattle were looking forward to the Facebook IPO that launches someday in the near future. Many of the people and business owners are interested in buying the initial public offering from one of the biggest social networking companies in the world. Many of the financial experts believe that Facebook has grown so big that it will affect the Seattle market to some extent. In the last few weeks, Facebook has been working to move their office in Seattle because they are looking for a permanent location in Washington.
Many believe that the office location of Facebook will actually bring in more companies to Seattle and that will also affect the economy of the city in the future. Experts also claim that when the IPO will hit the markets it will also boost the financial market in Seattle because many people will go ahead and buy the IPO and be multimillionaires. Facebook is also adding more employees to their Seattle office and that news is already creating lot of buzz in the market. There are many firms that now believe that they need to be in Seattle because Facebook is just around the corner in Seattle.