Facebook takes $25 million, Acquisition Rumors Persist

Facebook has raised an additional $25 million, this time from Greylock Partners. This eases rumors (for now) that the company has been looking for a buyer.

I have been digging furiously into the aquisition rumors. Clearly Facebook was at the least testing the waters and had significant (and some say heated) merger discussions with Viacom, the parent company to MTV. Since Facebook has 85%+ of the college market, its unclear where future growth will come from. There’s tons of room to improve revenues on their exsiting user base, but Facebook has run out of college students in the U.S. and their high school/post graduation expansion model is unproven.