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Suggested Predictions
Ziibos (25)
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Oct 24, 2008 - Microsoft Corp. agreed to invest $240 million for a minority stake in Facebook Inc. that values the social-networking site at $15 billion. As part of the deal, the two companies expanded their advertising agreement. Some says it is still looking to hedge funds and private-equity investors to raise more cash beyond the $240 million. We can't wait till it goes public. Will it go IPO in 2008 or later?
Comments (6)
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We're not even thinking about an IPO right now. I know the guys who run Slide and LinkedIn, and they're smart. In the past, a lot of companies viewed it as their goal to go public. We're focused on building a company for the long term, something that can really deliver a lot of value for everyone. Going public is a secondary thing, and we'll do it when it makes sense for us.
http://www.news.com/the-social/8301-1...