iTWire - As web legend Andreessen joins Facebook we ask what happens next?

As web legend Andreessen joins Facebook we ask what happens next?

by Davey Winder
Tuesday, 01 July 2008
Page 3 of 3 Rumours abound about takeover bids with amounts from $750 million (AUD $784 million) to $2 billion (AUD $2.091 billion) being mentioned. Then things got serious when Yahoo! expressed an interest. Facebook valued themselves at $8 billion (AUD $8.362 billion) which puts it on a similar kind of footing to MTV. Today Facebook remains a private company and Zuckerberg continues to deny that they are looking for a sale, maintaining that it really is not the core focus of the company. However, with the appointment of such a high profile figure as Andreessen to the board, many will be wondering if this signals a change in position. Many will be asking the question, is Facebook positioning itself for the kind of public offering not seen since the dotcom bubble burst? Please enable JavaScript in your browser to post your comment! Tags See All Tags Business Davey Winder Dotcom Facebook Netscape Ning Social networks Web 2.0 Get stories like this delivered daily - FREE - subscribe now << First page < 1 2 3 Next page > Last page - Post your comment >>

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