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Archive for April 19th, 2009

Facebook Said To Reject Funding Offer

posted by Luigi_M_Scollo @ 12:56 PM
Sunday, April 19, 2009

By Doug Caverly

Turns back on $4 billion valuation

Not a lot of money is changing hands these days; there’s all sorts of evidence of funding slowdowns and stoppages, making for a “get while the getting’s good” situation.  A new report claims that Facebook was offered funding at a $4 billion valuation, though, and then – this is the really interesting part – Facebook supposedly rejected the offer.

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