Rice Says `No Profit Machine' Working Now at Facebook

Rice Says `No Profit Machine' Working Now at Facebook

May 4 (Bloomberg) -- Bob Rice, managing partner at Tangent Capital Partners LLC, talks about the outlook for Facebook Inc.'s initial public offering. Facebook, the world's most popular social-networking site, is valuing itself at as much as $96 billion in an IPO, the largest on record for an Internet company. Rice speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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