Not a public Facebook
26 October 2007
Email
Share
The social networking site raised $240m from Microsoft and may pull in $500m more. That s an unusually large VC round. The reason lies in its hugely successful cultivation of thirdparty software developers. That makes the site sticky, but creates huge risks. Until these are under control, Facebook shouldn t go public.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.