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Updated: Friday, 03 Feb 2012, 12:45 AM EST
Published : Friday, 03 Feb 2012, 12:45 AM EST
FORT WAYNE, Ind. (WANE) - Wednesday social media giant, Facebook, announced it would begin selling stock come May. Now that it's going public what does this mean for the company and its users?
Social media expert, Anthony Juliano, says it may not change much. In the end it's all about increasing the company's revenue.
"And now it's about even more money. I really think that Facebook will continue to innovate and continue to try to grow its share of the social media pie," Juliano said.
So, will normal every day people be able to buy Facebook stock? Private wealth advisor, Christopher Moore, says yes.
He says there's already a huge buzz surrounding the news.
"People get excited about saying 'Hey I'm on that or I do that or I use that product,'" Moore said.
Moore says unfortunately most people won't be able to own a piece of Facebook until after its initial public offering.
"Well the average joe usually waits until after the initial public offering whenever it's actually out on the public they have a price for it and then they can buy it through any trading post they want to buy it through. Through their own brokerage firm."
As people across the world buy Facebook stock Juliano says users may start to see more ads pop up.
"I think that for us as consumers there's a potential downside in that advertising may be more invasive. It's probably likely to happen as more people are looking to Facebook's profit margin and its profit line to see if advertising is delivering."
But if advertising overruns the social media site Juliano says that may be the end for the mega-giant.
"But if you look at what has happened with other platforms that have lost the attention of the audience that has been one of the problems."
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