Great story in The Boston Globe about Facebook moving west, after being turned down by a Boston-area investor.
The piece has interesting details about Facebook’s early days, but not everyone will agree with a few points.
It suggests that consumer Internet companies have to be in Silicon Valley to really take off. That’s a great subject and an open question.
It also floats a potential $6 billion valuation of Facebook, which seems just crazy, especially now that the economy and M&A boom are cooling off.