Blog Post

Sandberg: Facebook ‘Doesn’t Need’ To Raise Money

imageAddressing reports that Facebook is burning through its cash and needs to raise money to ride out the online ad slump, COO Sheryl Sandberg told Bloomberg that the social net wasn’t approaching VCs with cap in hand: “We could not be doing better financially … We might take money — but it doesn

One Response to “Sandberg: Facebook ‘Doesn’t Need’ To Raise Money”

  1. jenkins

    No company suffers dilution if they don't need to. This is total BS and spin. Facebook needs the money because they keep buying more servers and falling SHORT on revenues, a very BAD combination!