Created Thu 5th Feb 8:38am PST by
moonrat
Facebook will file for Bankruptcy or Chapter 11 in 2009
Background: Facebook is extremely popular as a social site but after 5 years does still not have a working business model, in the current climate it is possible that investment funding will dry up before a sustainable profit can be made. Is Facebooks clock ticking?
Settlement details:As reported by a major mainstream news source.
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