In the last couple of weeks Face book received and turned down a term sheet for a new $200 million scheme round of funding that would value the company at $8 billion, we’ve learned from a source with direct knowledge of the proposed transaction. We’ve also heard that they’ve received at least one other term sheet that valued the company at $6 billion.
Face book is also now pitching financial projections well above what we’ve previously heard. The highest 2009 revenue number that has leaked out of Face book is $400 million. But investors are now being told the company expects $550 million in 2009 revenue. 2008, they say, range in at around $280 million. The previous best information on 2008 Face book revenue was $230 million from e Marketer.
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