TELECOM TV -- Aug 31 -- Facebook isn't looking to sell or IPO anytime soon. Is this wise given the fickleness of social networking users? In 2003, Friendster turned down Google's $30 million offer and today is worth less than 1/20 of its 2003 valuation. Facebook, which could be valued at about $1 billion, will likely pay attention to Classmates' upcoming IPO. FULL ARTICLE @ TELECOM TV
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