Some of the important characteristics of society are as follows: A comprehensive understanding of society requires a thorough analysis of its characteristics. But the term society could be understood both from a narrower and broader sense. In a narrower sense society refers to a group of people but in a broader sense it refers to the whole human society. However, society has the following characteristics: A society must have population. Without a group of people no society could be formed. Of course society refers not to a group of people but to a system of social relationships.
Flashback to Appleâs 1980 IPO. When Steve Jobs took Apple public in 1980, his company lagged behind Tandy Corp. in sales of personal computers, and Massachusetts regulators deemed the IPO âtoo riskyâ for state residents. We know how this story ends.
Facebookâs IPO price was $38 a share when the company started trading in May 2012. But in August 2012, the stock fell to its lowest price for now, $19.69, as the initial lockup expiration of 271 million shares kicked in. Early investors Accel Partners, Meritech Capital Partners and Greylock Partners all cashed in.