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Facebook Raises Another $25M

Posted by ryuzaki0 on from the tech-money-is-back-in-style dept.

conq writes "BusinessWeek reports that Facebook has just raised another $25M from Venture Capital. Along the same lines, Rupert Murdoch has bought a minority stake in SimplyHired and just two days ago the social networking site, Visible Path said it raised $17M from Venture Capitals."

4 of 197 comments (clear)

  1. Facebook v. MySpace by Dis*abstraction · · Score: 0, Troll

    Since I see so much bitching on this site over MySpace's perceived shittiness, I just wanted to point out that some of us actually appreciate the flexibility MySpace offers in customizing the appearance of our pages. It's a hell of a lot easier, too, than setting up your own domain with the blogs and friend features MySpace provides as a matter of course.

    No, this is not a joke. Compaed to the circus of color, sound, and animation that is MySpace, Facebook is totally boring. I don't know anyone who still uses Facebook other than fratboys and squares.

    Then again, I'm deaf and blind.

    --
    Bonsai Kitten: TNG
    1. Re:Facebook v. MySpace by posterlogo · · Score: 1, Troll
      I fully agree. For those who can invest the time to keep things updated at those social networking sites, I feel something has to give from their "real" lives. Not necessarily just the time, but the way of thinking about interactions with other people.

      On a more critical note, let's face it, those people who are obsessed with myspace and facebook and make those sites what they are... well, it says something who's being targeted by all that venture capital.

      On an even more critical note, jesus fucking christ -- has no one learned anything from the last burst bubble?

  2. Vendor Capital by digitaldc · · Score: 0, Troll

    Don't worry, we will quickly burn through that $25 million of VC as soon as they put out the free chips, soda and candy.

    --
    He who knows best knows how little he knows. - Thomas Jefferson
  3. Re:I don't believe it... by Stiletto · · Score: 1, Troll

    Not to sound elitist, but I hope nobody _I_ know is "on" these sites.

    If myspace, livejournal, etc. have taught us anything, it's that there are a lot of self-absorbed people out there. I mean seriously... how many people in the world are really so interesting or important that they need to make an entire site dedicated to themselves and fill the content up writing about themselves, their hobbies, their favorite things, and their imaginary friends?

    It's sad really: the Internet leveled the publishing playing field, promising a level of collaboration and social networking that the world has never seen before. The actual result? Legions of self-centered attention whores posting articles about themselves and pictures of their dogs.