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This is what I thought too- they can't be profitable if they are raising more money. But then I read it wasn't Facebook selling equity, but early investors sel
by barmstrong 16y ago
This is what I thought too- they can't be profitable if they are raising more money. But then I read it wasn't Facebook selling equity, but early investors selling their private shares.
http://finance.fortune.cnn.com/2011/01/04/five-reasons-why-im-not-buying-facebook/ http://finance.fortune.cnn.com/2011/01/04/five-reasons-why-i...
So maybe Facebook is not getting the cash infusion.