Facebook fundraising
Written by John Jorgensen on September 11th, 2007 | Posted in Startup
Over at All Things Digital, Kara Swisher says that she has credible information that Facebook is getting ready to open another investment round “at a huge valuation.” Last year, Yahoo offered $1 billion and was turned down by Zuckerberg, not to mention the rumored Microsoft deal for $6 billion. The last round Facebook did raised $25 million at a $525M pre-money. This time, look for a valuation in the billions, sources say.
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