Rumor Control: Facebook To Get New Billion-Dollar Funding Round?

The Wall Street Journal’s Kara Swisher floats an interesting almost-rumor regarding a new funding round for white hot social network Facebook. After several caveats to make sure you know she isn’t actually saying this is going to happen, Swisher writes, "But the investment could be quite large, well beyond its last $25 million one in […]

Zuckerberg
The Wall Street Journal's Kara Swisher floats an interesting almost-rumor regarding a new funding round for white hot social network Facebook. After several caveats to make sure you know she isn't actually saying this is going to happen, Swisher writes,* "But the investment could be quite large, well beyond its last $25 million one in 2006, for little dilution… 'There are several B’s involved in the discussions,' said one person interested in the possible round, referring to a multi-billion valuation for the Palo Alto-based startup."* If we're to believe forecasts from economists everywhere predicting a near-term recession, Facebook should probably drop the coy act and snatch up that new funding while it can.

*Pictured right, Facebook founder Mark Zuckerberg; photo by flawedartist