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Friday, July 25, 
12:23 pm


[Posted on September 11, 2007 - 2:11 PM]

Kara Swisher over at the BoomTown blog thinks so. She cites sources who say the social network is talking about another round of venture capital at some hefty valuations that would give Facebook Inc. the freedom to operate independently for a few more years.

Facebook thinks pretty highly of itself according to some numbers bandied about by board member Peter Thiel in a recent interview with TheDeal.com. He put forth a value of between $7 billion and $10 billion for a buyout of the company. Thiel, through the Founders Fund, put in $500,000 into the company in 2004 and has participated through several more capital raises totaling $32 million. Swisher's sources mention Microsoft Corp., venture funds and investment banks as potential investors, and say valuations are in the multibillion dollar range, which should make Thiel and other Facebook investors pretty happy. —Stacey Higginbotham

See Sept. 11 post on BoomTown
See July 20 story in TheDeal.com

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