I just dont think it is accurate to put recent behavior at the feet of VC debt funding. FB would have been slower in growth, but had significant revenue long before IPO. The most objected behaviors of FB occurred post IPO.
Again this response seems to miss the point. Without VC funding, there is no Facebook. The company is a variant of companies that lose money by pretending to not need profit for many years and can only exist because they are/were VC funded.
