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Eyeing IPO, Facebook Board Rejects Funding At $4 Billion Valuation

(alleyinsider.com) — Facebook CEO Mark Zuckerberg and his board met yesterday to discuss and eventually reject two funding offers for the company — one at a $4 billion and one at $2 billion, according to reports from VentureBeat and TechCrunch.

A source close to Facebook tells us the company values itself closer to $5 billion.

(tags: facebook ipo)

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