Thread: Did Google bluff Microsoft into over paying for Facebook?
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Old 11-02-2007, 01:29 AM
Geoserv Geoserv is offline
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Default Did Google bluff Microsoft into over paying for Facebook?
Quote:
Microsoft pays $240 million for a stake that values Facebook at an astounding 150x of revenue - $15 billion dollars.

A week later, Google announces Open Social, a competitive platform with partners including LinkedIn, Hi5, Friendster, Salesforce.com, Oracle, iLike, Flixster, RockYou, and Slide. That deal that took longer than a week to structure.
Source: » Did Google bluff Microsoft into over paying for Facebook? | Storage Bits | ZDNet.com

Looks like they did to me as well.

MSN definitely paid too much.

Geoserv.
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