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  #1  
Old 10-24-2007, 06:05 PM
Riverman Riverman is offline
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Default 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.
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  #2  
Old 10-24-2007, 06:13 PM
Kos13 Kos13 is offline
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Default 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?
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  #3  
Old 10-24-2007, 06:15 PM
XXXNoahXXX XXXNoahXXX is offline
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Default 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.
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  #4  
Old 10-24-2007, 06:18 PM
Fabian Fabian is offline
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Default 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.
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  #5  
Old 10-24-2007, 06:28 PM
eviljeff eviljeff is offline
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Default Re: Deal values Facebook at at least 15 Billion Dollars

that's [censored] sick. I'm opening as many accounts as possible immediately.
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  #6  
Old 10-24-2007, 06:35 PM
stinkypete stinkypete is offline
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Default 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.
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  #7  
Old 10-24-2007, 06:37 PM
hawk59 hawk59 is offline
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Default 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.
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  #8  
Old 10-24-2007, 06:37 PM
eviljeff eviljeff is offline
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Default 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
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  #9  
Old 10-24-2007, 07:04 PM
mmbt0ne mmbt0ne is offline
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Default 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.
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  #10  
Old 10-24-2007, 07:06 PM
Yobz Yobz is offline
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Default 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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