http://paidcontent.org/2010/01/26/419-facebook-investors-no-2010-ipo-for-facebook/ The economics of digital content Thu, 23 May 2013 20:40:44 +0000 hourly 1 http://wordpress.com/ http://paidcontent.org/2010/01/26/419-facebook-investors-no-2010-ipo-for-facebook/#comment-76591 Sat, 10 Apr 2010 12:30:24 +0000 http://paidcontent.wp.gostage.it/2010/01/26/419-facebook-investors-no-2010-ipo-for-facebook/#comment-76591 The two major investors in Facebook, speaking today at DLD in Munich, put a line in the sand: read their lips, no IPO for the company in 2010. Both Jim Breyer of Accel Partners, and Yuri Milner of DST said on stage that they are in no hurry for an exit on Facebook, nevermind the collective more-than-half-billion investment in the company. “I am happy to announce that there will be no near term IPO on Facebook; this mean 2010. For them, it is all about getting the product and team right.” Milner: “We have permanent capital, we don’t have to return money to investors, so we have unlimited patience. We want to have the vision follow-through. It is up to the board and management to make the call.”

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