The social media industry has exploded since MySpace was bought by NewsCorp in 2006. Since then several industry giants have sprouted up. These organizations serve a variety of purposes such as connecting friends and family, spreading news, allowing people to find love, and even getting your new job. This has created an explosion of information about any topic you could possibly think of, including your personal information.


 
In the days leading up to Facebook's IPO launch many were interested in how Facebook was going to perform. In fact this is one of the most talked about IPO launches since Google. Many said Facebook was going to be the next big thing, some of the more optimistic analyst even predicted Facebook to shoot up over 50% on its first day. Alas when the IPO launched last Friday, Facebook barely nudged past their $38 opening.

So what does this mean?