Report: Microsoft Considers Buying 5% of Facebook
CNBC just reported that Microsoft may take a 5% stake in Facebook at a cost of $300 million to $500 million: that would value the social network at up to $10 billion. CNBC names the Wall Street Journal as the source of the report. The ante has gone up, if nothing else, this helps in the valuation of Facebook. I don't see why Microsoft would make such a small bet, maybe they don't think they should buy the whole company right now. Facebook should shy away from corporate investors at this stage.
read more | digg story
read more | digg story
About Paul Lopez
Paul Lopez is a 20+ year technology veteran whose career has spanned multiple disciplines such as product management, software development, engineering, marketing, business development and operations... read more
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