Three Headwinds for Facebook's IPO
Harvard Business Review
MAY 15, 2012
Less than three years ago, Facebook was valued at just 10B by Yuri Milner's Digital Sky Technologies. For every 10 investments, a good firm may have one defining investment, returning hundreds of percent in IRR. Anyone who's noted the 750% return in just over two years is likely enthusiastic about Facebook's potential.
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