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Unless they obtained a better deal with a competitor; a competitor that might have an interest in sabotaging the IPO.
by neilk 14y ago
Unless they obtained a better deal with a competitor; a competitor that might have an interest in sabotaging the IPO.
- dkrich 14y agoThat's pretty ridiculous. The marketing department of GM isn't worried about the best deal. It's great if they can save money, but how much could GM really be saving with, oh I don't know, let's just say, Google? Keep in mind they spent $10 million on Facebook. One tv ad during the Super Bowl is probably half that. If GM believed they would lose sales by ending Facebook ads, they wouldn't end them. Even if that were true, you aren't going to sabotage a projected $100 billion IPO with a $10 million account. It would certainly be better for Facebook if this were a conspiracy, but I don't believe that's what's happening here.