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Facebook On The Block

Posted by ryuzaki0 on from the folks-on-the-service-already-selling-themselves dept.

conq writes "BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars. The article speculates that one possible suitor would be Viacom. From the article: 'A Facebook deal would help Viacom founder and Executive Chairman Sumner Redstone fend off a growing challenge from News Corp. The media conglomerate run by Rupert Murdoch has poured enormous resources into the Internet during the last year. It acquired social-networking pioneer MySpace.com last year for $580 million.'"

8 of 250 comments (clear)

  1. Drunk idiots by Anonymous Coward · · Score: 4, Funny
    1. Make site where dumbasses post pictures of themselves drunk and create atrocious "web pages" to showcase said pictures
    2. ???
    3. Profit!
  2. Re:Why? by nacturation · · Score: 5, Funny

    Well, for starters there's this neat thing called money...

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  3. Add to Friends by christopherfinke · · Score: 4, Funny

    That may sound like a huge amount of money, especially when you consider that the company was launched just two years ago by a group of sophomores at Harvard University, led by Mark Zuckerberg

    Hmmm...

    / Adds Mark Zuckerberg to his friends.

  4. How the negotiations went down by Tackhead · · Score: 5, Funny
    > BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars. BusinessWeek reports that Facebook has turned down an offer for $750 million and is looking for 2 billion dollars.

    Great. So the future of business looks like this:

    sumredrok: yo
    facebk: yo!
    sumredrok: asm?
    facebk: 2/lots/watugot?
    sumredrok: 750m?
    facebk: up urs n00b
    sumredrok: wtf?
    facebk: 2b
    foxyrupert: pwn3d!

    "Capital, capital, everywhere, and no VCs who think."

  5. Re:The new business model. by Anonymous Coward · · Score: 2, Funny

    You know... I've seriously thought about this myself. I just have to figure out how to make a site that generates a lot of hits with no real income and then sell it off to the highest bidder.

    Then party like it's 1999... :-)

  6. Re:Why? by popeguilty · · Score: 5, Funny

    Run a website full of idiot college students or live in unimaginable luxury... decisions, decisions...

  7. And in other social networking site sales news... by British · · Score: 2, Funny

    Friendster is reportedly up for sale: 5 dollars.
    Google will pay someone to take Orkut off their hands, in Brazilian currency too!

  8. Irrational exuberance has returned by smooth+wombat · · Score: 2, Funny

    They're looking for $2 billion? For a site that is nothing more than a glorified bulletin board?

    Apparently in 7 years peoples memories have fallen by the wayside.

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