Microsoft Invests $240 Million into Facebook
So the bidding war is finished, Microsoft wins over Google for a stake in Facebook. Microsoft will contribute $240 million into the upcoming round of financing for Facebook, giving Microsoft about a 1.6% stake in the privately held site.
With Microsoft set to own only 1.6% of the site for $240 million, that means that Facebook is valued at some $15 billion total. Especially for a site that is only three years old, there are a lot of skeptics as to its true value. Then again, if Facebook is really the MySpace killer then $15 billion is all but legit.
What I am curious to see is if Facebook decides to go public in the next year or two. It really wouldn’t surprise me as an investor and I think there is a big advantage to doing so. Why? That way I can make money off of it of course :twisted:. (read more at MarketWatch.)
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its crazy how they valued facebook at 15 billion.. talk about a jackpot
The era of the dot com is among us again!
I was thinking the same thing Jorge.
Although I wonder if this time around, if it isn’t going to be a bit of a mature run. Before I turned to investing full-time, I was in I.T. I have been saying for a years: The Internet is still in it’s sheer infancy. I would compare the Internet of today, to the pre-Model T automobile. Until we reach the day that it sees it’s maturity - there will no doubt be many bubbles along the way.
But I wonder if we’re not in the next ‘phase’.
Nice way to waste money…IMO
I’m new to this and have a question. Other than the media how else would I know when Facebook goes public? I would like to do a little investing on it.