Facebook's Zuckerberg Says IPO Is "Years Away"

San Jose Mercury News:

Web 2.0 dynamo Facebook said that an initial public offering is still years away but that it's making progress on a "financing" that some reports claim could value the start-up in the billions of dollars.

Meanwhile, the fast-growing social networking Web site, where people connect to their friends and trade information, is working on potentially important advertising technology, said founder and Chief Executive Mark Zuckerberg.

The technology would probably enable Facebook to better sell advertising on its popular site, though Zuckerberg withheld details.

Read the whole story: San Jose Mercury News

Comments

[HatingTheGame]

Eventually the dark side sucks you in...

Google's motto was "do no evil"...

And look where we are.

[godlessclif]

Why did the huffpo headline say unnatural sex acts
when the story said nothing about that.

[RealSoft]

Facebook is another fad. With Myspace opening up, it has no edge to grow.

Social Networking cannot last any longer. There is only so much dating people can do.

[mrcontinental]

Smart kid. He's knows that the market will soon tank so better to wait for the next one to get up and running first. And I'll be waiting for his little IPO.

[PollM]

.
Is this a Tulip mania, the return to good old times.

http://www.youpolls.com/details.asp?pid=737.

[nomoredead]

Good for him. Just like craigslist it is not always about the money.