Daily Archives: September 11, 2007

ZuckerbergThe latest rumour bouncing around Silicon Valley is that Facebook may be looking to raise another round of venture capital.

It’s an interesting idea, not least because any new funding round would force Facebook’s investors to put a valuation on the company. Peter Thiel, the site’s second-biggest investor, told us last month that Facebook and its founders think the site is worth $8bn to $10bn. It is unlikely that  VCs would be tempted by such a high valuation – far more likely that Mr Thiel was throwing the number out as a signal to potential acquirers. Still, even at a much lower valuation, the buzz around Facebook is such that it could probably raise a hundred million dollars or more for a relatively small dilution in ownership. Read more