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Did Facebook Raise $740 Million?

Started by Nick O'Neill · 10 months ago

According to Elizabeth Corcoran at Forbes, Facebook raised a total of $740 million thanks to two $250 million investments from separate hedge funds. This doesn’t come as much of a surprise given that is was rumored that Facebook was seeking to raise $750 million. Whatever the c ... Continue reading »

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  • I had been wondering recently how much ownership Mark Z. had retained. Is it safe to assume from the $ 4.5 B (out of a possible $ 15) that this means approximately 1/3? Is there anywhere to confirm this data?

    Thank for keeping us 'up to date.' Enjoy reading your blog and appreciate that it typically leans more towards journalism and less towards 'blog speculation.' Though I guess those are really blurry 'lines'...

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