Facebook investors: Seriously, no IPO this year
After years of Facebook executives and investors saying "not yet" to an initial public offering, 2010 finally looked like the year when it could happen.
Nope. Or at least that's what two major Facebook investors, Jim Breyer of Accel Partners and Yuri Milner of Digital Sky Technologies, said during an onstage talk at the Digital Life Design conference in Munich on Tuesday.
A live-blog of rough notes from the talk reveals that both Breyer and Milner ruled out the possibility that Facebook will go public anytime soon. "I am happy to announce that there will be … Read more