Microsoft buys 1.6% stake at Facebook

Microsoft would pay $240 million for a 1.6 percent stake in Facebook. That’s an insanely huge amount for a 1.6% stake. I remember reading somewhere that facebook is valued at $2 billion. Well, this recent purchase by Microsoft has put a $15 billion price tag on facebook.

Is facebook really worth $15 billion?

This entry was posted on Thursday, October 25th, 2007 and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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