This was mostly due to macro-economics and the fact that the down round was after the Microsoft investment which valued Facebook at 15 Billion. http://www.busi

This was mostly due to macro-economics and the fact that the down round was after the Microsoft investment which valued Facebook at 15 Billion. http://www.businessinsider.com/2008/12/facebook-get-ready-for-a-down-round#!IkZMf http://www.businessinsider.com/2008/12/facebook-get-ready-fo...