VentureBeat - Latest Comments in It’s official: Facebook raises $200M from Russian investor

Re: It’s official: Facebook raises $200M from Russian investor

Edwin Kyalangalilwa — Sun, 17 Apr 2011 05:29:33 -0000

Wow..Very nice article. Thanks. A number of stories over the last few months have suggested that Facebook is running out of money due to infrastructure expenses incurred by its rapid growth — and lack of a serious business model.
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Re: It’s official: Facebook raises $200M from Russian investor

Yuri Ammosov — Wed, 27 May 2009 00:42:43 -0000

Sorry, man, evidence for private company is mostly word-of-mouth. My word against someone else's word.

Re: It’s official: Facebook raises $200M from Russian investor

Eric Rosser Eldon — Tue, 26 May 2009 20:33:29 -0000

He said all of of the five social networks are profitable. Part of his point is that it's not just ad revenue.... do you have evidence to contradict him, because if so I'd like to see (and possibly publish) it.

Re: It’s official: Facebook raises $200M from Russian investor

Yuri Ammosov — Tue, 26 May 2009 17:46:36 -0000

And on a careful second pass: he does not seem to have said anywhere that VKontakte IS profitable, he says that it has a variety of WAYS of monetizing, etc.

Re: It’s official: Facebook raises $200M from Russian investor

Yuri Ammosov — Tue, 26 May 2009 17:34:10 -0000

On a free falling Internet ad market with own revenues close to zero in summer 08? Do you really believe this?

Re: It’s official: Facebook raises $200M from Russian investor

Eric Rosser Eldon — Tue, 26 May 2009 16:32:59 -0000

Yuri, Milner says that Vkontakte is "very profitable." http://venturebeat.com/2009...

Re: It’s official: Facebook raises $200M from Russian investor

Yuri Ammosov — Tue, 26 May 2009 15:33:28 -0000

I strongly suspect here an equity swap. DST owns a Russian FB-clone Vkontakte which uses FB's own code. Vkontakte costs $2M per month in burn costs with revenue close to nil. It might be well an attempt to exchange the Russian market access for FB for a position in much more liquid FB stock.

Re: It’s official: Facebook raises $200M from Russian investor

igniguy — Tue, 26 May 2009 14:37:52 -0000

American investors may be hesitant to valuate facebook at $10bn ... maybe due to the recent twitter hype

or else, facebook is way more popular outside the US

Re: It’s official: Facebook raises $200M from Russian investor

Eric Rosser Eldon — Tue, 26 May 2009 14:30:52 -0000

Haggie, all I can say is that globalization creates new opportunities for people everywhere. Also, I hear the US government is selling treasury notes.

Re: It’s official: Facebook raises $200M from Russian investor

ThatOtherOtherGuy — Tue, 26 May 2009 14:12:10 -0000

I thought things were suppose to work the other way around?

Aren't Russian scammers suppose to be ripping off stupid, cash rich Americans?

Who is the next Facebook investor/sucker? A rich Nigerian prince living in exile?