Facebook wasn’t initially interested in raising the $2 billion, these people said, partly because the company generates enough cash to fund itself for more than a year. Hiring Goldman as an adviser tilted the odds in favor of a sky-high valuation when Facebook goes public.
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Peter Mehit is co-founder and Managing Partner of Custom Business Planning and Solutions, a business consulting firm that provides problem solving, planning and process help. He has worked from private equity to the Fortune 100 at all stages.
He can be reached at pmehit@wbpllc.com or at 800-741-8444.
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