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What's Going on with Facebook's Valuation?

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facebook-logo' /> Conflicting reports, none confirmed, are circulating today about Facebook’s latest attempts at raising funding.  <a href=TechCrunch says that Facebook has been shopping itself around at a $4 billion valuation somewhat unsuccessfully, while major deal with Microsoft—1.6% of the company for $240 million, placing the overall valuation at $15 billion. However, in the intervening eighteen months, the company’s speculated value has fallen off, being projected as low as $5 billion last June. By October 2008, many sources thought Facebook was 200 million active members outpace their revenue.

What do you think? Is Facebook barely keeping its head above water, or is it smooth sailing for the most popular social network on the Internet today?

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