IThe long abandoned plans for a Facebook Phone have resurfaced after Mark Zuckerberg, Facebooks CEO, approached former Apple iPad and iPhone engineers to help create his vision. Facebook originally put a dedicated button on the HTC Status, a failed attempt at moving from the software realm to the hardware one. Albeit as a partnering with an existing hardware company, the Facebook Button, and to a large extent the HTC Status, failed miserably.
If the first attempt was such a failure, why is Mark Zuckerberg reviving such grand notions? And how does this relate to their recent IPO?