Long before alarm clocks and smartphones were invented, candles or even water was used to wake people up on time. And then, the first mechanical alarm clock was introduced by Levi Hutchins in 1787. It took over two centuries for the next generation of alarm clocks to take shape – One devised by Mark Zuckerberg, the founder of Facebook.
With three major acquisitions (Instagram, WhatsApp and Oculus VR) after the IPO in May 2012, Facebook has become somewhat like an alarm clock for Gen X, Y and Z. How many of you wake up without checking notifications on Messenger, WhatsApp or Instagram?
So we all know that Facebook is a valuable company. But here is some perspective to understand the value. If you had bought 10 shares of Facebook just after the IPO, what will be the value now in your portfolio?
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