TIL Facebook had a down round: http://avc.com/2014/05/the-valuation-trap/#commen... | Hacker News

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stevenj on May 4, 2014 | parent | context | favorite | on: The Valuation Trap

TIL Facebook had a down round:

http://avc.com/2014/05/the-valuation-trap/#comment-136902035...

prayag on May 4, 2014 [–]

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-fo...

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