Deal values Facebook at at least 15 Billion Dollars

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$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.

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

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Also, facebook blows myspace out of the water.

That being said, a $15 billion valuation seems ridiculous to me as well. BUT, it could be worth it for Microsoft to pay $240 million in an attempt to drive up the asking price enough to keep competitors out while getting an exclusive ad deal with facebook.