Facebook Now Worth About $4 Billion, Revenue Light
Wednesday, November 12th, 2008Facebook’s common stock is now changing hands in private sales at about a $4 billion valuation, a source says (unconfirmed). And Facebook CFO Gideon Yu is indeed trying to raise money in Dubai, the source says (also unconfirmed).
As we all know, Microsoft, Li Ka-shing, and some German investors paid a $15 billion valuation for some [...]