Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Businessweek Archives

Mark Zuckerberg: Financing "Almost Wrapped Up"


? eBay Beats the Numbers Despite Skype Writedown |

Main

| Mark Zuckerberg: Financing "Almost Wrapped Up" ?

October 17, 2007

Mark Zuckerberg: Financing "Almost Wrapped Up"

Rob Hof

On the $15 billion question of the moment, that being the valuation Facebook is believed to be seeking in a private funding, Mark Zuckerberg had some brief but interesting answers on stage a few minutes ago at the first session of the Web 2.0 Summit in San Francisco.Cohost John Battelle: "So how's the financing going?"Zuckerberg: "It's going well. We're almost wrapped up."Battelle (taken aback but recovering nicely): "Aren't you selling short at $15 billion?"Zuckerberg: "We'll see."OK.He also implied that an IPO is "years out."So it would appear that someone, at least--Microsoft? Google? Who knows?--is indeed ready to pay a whole bunch of pretty pennies for a piece of the Web phenom called Facebook.

06:38 PM

TrackBack URL for this entry:

http://blogs.businessweek.com/mt/mt-tb.cgi/


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus