Why Facebook Needs Big Money « GigaOM

All these rumors about Facebook getting a massive investment from one corporate behemoth or another have got to make you wonder: Why would a company that is expecting revenues of $150 million, and profits to boot, need fresh capital? Why would a company whose dominance of the social networking space is being touted as some sort of manifest destiny possibly need this sudden influx of cash? Full Story »

Posted by Kaizar Campwala

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Kaizar Campwala
3.5
by Kaizar Campwala - Oct. 1, 2008

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