Lots of fun watching the ripple effect from BW’s report that Facebook is on the block. A couple of things to add to what Rafat had to say last night:
– I confirmed today that Facebook already has been told by at least one major player that $1 billion is too high.
– Someone close to Facebook reiterates that the company isn’t for sale. That may well be the case but again I can confirm that a possible sale was discussed recently. Of course, Facebook founder Mark Zuckerburg could have been testing the waters, trying to make sure he isn’t missing a boat or trying to set a valuation for that funding round Rafat mentioned.
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