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-   -   Deal values Facebook at at least 15 Billion Dollars (http://archives1.twoplustwo.com/showthread.php?t=530500)

Riverman 10-24-2007 06:05 PM

Deal values Facebook at at least 15 Billion Dollars
 
Microsoft is paying $240 million for 1.6 percent of facebook.

And I thought they were nuts for turning down $800 million for the whole thing.

This valuation has to be nuts, right? Has facebook shown any ability to monetize on a scale that could make this valuation conceivable? For comparison, the total market cap of General Motors was less than $15 billion fairly recently.

Kos13 10-24-2007 06:13 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
I don't understand how the site could possibly be worth that much money. WTF?

XXXNoahXXX 10-24-2007 06:15 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
If I owned FB I would be selling as much of it off as possible if I could get anywhere near these #s.

Fabian 10-24-2007 06:18 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
Facebook is rapidly making its way through Sweden at the moment. Like, really really rapidly. I bet they have pretty big plans for it.

eviljeff 10-24-2007 06:28 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
that's [censored] sick. I'm opening as many accounts as possible immediately.

stinkypete 10-24-2007 06:35 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
[ QUOTE ]
Facebook is rapidly making its way through Sweden at the moment. Like, really really rapidly. I bet they have pretty big plans for it.

[/ QUOTE ]

it's pretty ridiculous how quickly they take over new regions when they get started.

i added my first friend in finland maybe a month ago. since then i've added basically everyone i know. it went from nobody in the country having heard of facebook to everyone being on facebook in a ridiculously short time.

hawk59 10-24-2007 06:37 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
Also realize that MSFT desperately wanted a piece of Facebook for strategic reasons and that they were in a bidding war with Google. Even if MSFT doesn't think that Facebook as a whole is worth $15bn they were willing to pay up for a 1.6% stake.

eviljeff 10-24-2007 06:37 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
the $15 billion valuation is ridiculous given that the deal also gives Microsoft the exclusive rights to sell advertising on facebook

http://www.computerworld.com/action/arti...p;intsrc=kc_top

mmbt0ne 10-24-2007 07:04 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
$15B sounds just terrible from what I know, which is obviously not near as much as those guys. I mean, no one has even showed FB making an operating profit yet.

Like I mentioned in a thread earlier about a $750M valuation, MySpace only made $10M on $550M revenue. And that's a site with more users and not plagued by the scalability problem facing FB where you can't have more than 5,000 friends.

It'll be interesting to see how this turns out.

Yobz 10-24-2007 07:06 PM

Re: Deal values Facebook at at least 15 Billion Dollars
 
[ QUOTE ]
$15B sounds just terrible from what I know, which is obviously not near as much as those guys. I mean, no one has even showed FB making an operating profit yet.

Like I mentioned in a thread earlier about a $750M valuation, MySpace only made $10M on $550M revenue. And that's a site with more users and not plagued by the scalability problem facing FB where you can't have more than 5,000 friends.

It'll be interesting to see how this turns out.

[/ QUOTE ]

Why does everyone keep mentioning that? Who the hell has more than 5,000 friends...?


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