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Saturday, November 01, 2008

Facebook Headed for Financial Ruin?

"TechCrunch today has no treats—and no joy, no, not even Almond Joy—for Facebook in reporting about its projected financial woes. For a company once valued at $15 billion, things are looking grim as the cash supplies may dwindle long before Facebook is ready or willing to go to IPO."

Facebook Headed for Financial Ruin?
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