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Wednesday, April 29, 2009

Facebook Has Enough Funding, Operations Chief Says

"Facebook Inc. has sufficient funding to overcome the economic slump and is adding new forms of interactive advertising that will boost sales 70 percent this year, Chief Operating Officer Sheryl Sandberg said.
“We could not be doing better financially,” Sandberg said in an April 24 interview. “We absolutely do not need to take money. We might take money -- but it doesn’t mean we need to.”"



Bloomberg.com
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