Yesterday, we pointed to a Forbes story saying that Facebook may have received $500 million from two New York hedge funds.
This afternoon, a well-placed source told us no such deal has been made. “People are throwing money, left and right. Maybe it’s on the table, but what does it mean?,” the source told VentureBeat. “That’s different from the company accepting it. The $500 number is rumor and speculation.”
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn more about membership.