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In March 2006, BusinessWeek proclaimed that Facebook’s founders had put it on the block. Facebook’s on the Block. Well, the times, they are a’changing.
Let’s look at the events of the last 30 days alone:
Event 1: Sheryl Sandberg left Google to join Facebook as COO. Hmmm, looks like they’re bringing in some order to the business and appealing to potential investors who might balk at investing in a company run by a 23-year-old CEO with no prior business experience.
Event 2: Messy lawsuit with ConnectU is being tidied up (finally). That’s GOTTA be good news for Mark.
Facebook to Settle Thorny Lawsuit Over Its Origins
Facebook Can Afford to Buy Back Its Good Name
Looks like somebody is preparing for an IPO, and maybe sooner than we expect.
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