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Examples
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Facebook devaluation - We warned them at least a year ago that going for an $15bn valuation was silly, but they didn't listen Now, cometh the downround and all it entails, as TechCrunch explains: The cost of taking money at such a low valuation is higher than it appears.
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Facebook devaluation - We warned them at least a year ago that going for an $15bn valuation was silly, but they didn't listen Now, cometh the downround and all it entails, as TechCrunch explains: The cost of taking money at such a low valuation is higher than it appears.
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The actual amount raised was not shared, but we’re told that the third round is pretty much on par with the Series B round the company closed in August 2007 (estimated at $12 million when we reported it, but more in the vicinity of $10 million according to information we received later) and that it’s “most definitely not a downround”.
2009 April Michael Arrington 2005
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