Facebook Not Happy With Current Funding Offers
In the book “Founders at Work”, there’s an interesting interview during which Paul Graham is asked by Jessica Livingston about what worried him the most while at Viaweb. He states his biggest concern was “Running out of money. That was the big worry. Running out of money and having to go and get more funding. Getting funding is very painful. It’s so much harder than actually making a successful company.”
For Facebook that appears to be the case as well as the company has begun considering new term sheets according to Techcrunch

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