Silicon Alley Insider's Peter Kafka sat down with Facebook investor Jim Breyer, and managed to squeeze out some pretty interesting points. Remember that rumored $500 million investment that Facebook supposedly scored after getting the $240 million from Microsoft? Yeah, well, that didn't actually happen. Also, the company is going to hold off on its IPO, at least until 2009.
Most interesting in terms of late breaking news, however, is what Kafka had to say about all this Google OpenSocial business. "We're not afraid of Google/MySpace/Ning/etc," said Kafka. "And we're not going to be 'out-opened' by them." That said, the site is also not averse to jumping on the OpenSocial bandwagon, should the proper opportunity present itself.
Tuesday, August 4, 2009
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