Mark Zuckerberg

An opinion piece published on CNN said that the recent Goldman Sachs investment was the “beginning of the end” for Facebook. That post went viral with more than 5,000 Facebook “likes” and could be partially to blame for the ensuing panic that Facebook would be shutting down and the rumor going viral that Site Said To Be Ending March 15, 2011.

Whatever the reason for this rumor, it’s safe to say that as a site with more than 500 million users and a $500 millon investment from Goldman Sachs recently, Facebook won’t be shutting down anytime soon.

The rumor started shortly after Goldman Sachs invested $500 million dollars into Facebook. The social networking site currently has over 500 million users, and many feel that the widespread popularity of the site combined with a large investment protects Facebook from shutting down.

Some online sources have speculated that the rumor is the product of those who are unhappy with the recent investment.

Also, there may be some confusion over the end of Yahoo Video on March 14th. Apparently, some people received the wrong information and turned it into the false story of the end of Facebook.

Collaborated with an update on the ‘unverified’ twitter account for Facebook which says: We didn’t get the memo about shutting down, so we’ll keep working away. We aren’t going anywhere; we’re just getting started.

[UPDATE] We have official confirmation from Facebook Director of Corporate Communications Larry Yu that the rumor is false. We asked him via e-mail if Facebook was shutting down on March 15, to which he responded, “The answer is no, so please help us put an end to this silliness.” [VIA Mashable]

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