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FBN’s Shibani Joshi on how Facebook employees are enjoying the company’s opening on the Nasdaq.
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That's opening bell our Shibani Joshi outside FaceBook headquarters in Menlo park California -- -- Are all the employees focus on the every move of the stock price or -- -- business as usual.
I think pretty that's businesses you Gerald -- if you consider business as -- showing up yesterday at sixty and -- staying up all night for all night pakistanis is basically big gigantic code writing party enjoying.
Highs shiny suit and then stopping things at 5 AM Pacific time to pick up some bagels.
And some coffee and then oh wait yes ring the opening bell on the NASDAQ and take your company public.
-- it's a normal -- if the -- is very FaceBook employees about 2000 of them gathered right behind Mark Zuckerberg and Sheryl Sandburg did take the company public.
Mark Zuckerberg actually updating his FaceBook page about twenty minutes after that saying that he.
As quote a listed company on -- that NASDAQ now there's lots of excitement around this I'm hearing that there's going to be a big.
Party here at the company's headquarters of the company won't confirm.
-- they're still tons of challenges ahead for this company and things and not to like about.
The company's overall business prospects number one again it's got at.
Makes cents and make money off from the whole mobile platform making money in China how -- do say oh.
This week about it dropping off -- one -- the -- big advertisers.
And then last but not releasing new problem they've never had to deal with.
Which is motivating and you rich kid classic employees of thousands -- that millionaire is being made here today yes they can't sell for about six months from now.
But you can imagine that -- dollar signs on their mind.
But this is -- -- everything seems to be as status quo no stock ticker updates in the center hall here they were just here to -- about.
And and other Al apparently going can't say they can rest separate tonight's big parties so it's an -- worry that it's all right he -- adaptation by -- -- have a second.
Tell us more about this late night -- partying -- -- -- writing that was going on -- kind of intrigued by that.
Yet you know this is something that's not new it's not something that just came -- that is actually the 31 -- -- that the company has hosted so what they do weighs in by backpackers Dakota writers sees software engineers.
To content and overnight you get snacks -- -- meals Red Bull is flowing everywhere.
And -- in current still work on something that they had never worked on before this is -- timeline fits his house chat came about is he's sad software engineers.
Took a break them what they did on their nine to five job than normal jobs and then they came out and worked on new innovative ideas and that's what backpack -- -- inspires.
They did it last night -- just rolled right into the IPO first thing in the morning this morning.
Shibani Joshi thanks.
