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Microsoft to Buy 5% of Facebook Valuing at $10bn

Posted by ryuzaki0 on from the wish-i-had-a-billion-dollars dept.

l-ascorbic writes "The Wall Street Journal is reporting that Microsoft is poised to buy 5% of Facebook for $300 million to $500 million, valuing the company at up to $10 billion. Microsoft already handles advertising for the site."

2 of 216 comments (clear)

  1. $10 billion by Anonymous Coward · · Score: 5, Insightful

    $10 billion for a site that has 34 million active users ~= $300 per user. Hmm. I think this site is highly overvalued. But let MS waste their money if they want.

  2. Re:This feels like 1999 all over again by monk.e.boy · · Score: 5, Insightful

    How the hell is Facebook worth $10 billion?

    Repeat after me: BUBBLE

    Next month it will be worth ONE HUNDRED BILLION DOLLARS, and the month after it'll be worthless.

    --
    Open source, flash charts