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Old 12-05-2007, 01:19 PM   #10 (permalink)
Negotiator

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Join Date: Nov 2003
Location: East Lansing

Posts: 12,501

My Spartan is
John T. Madden
Whoa whoa whoa, let's get some numbers straight. Facebook has not said they're worth a quarter trillion. Microsoft paid $240,000,000 for a 1.6% stake. At that rate, Microsoft is saying that 100% of facebook is $15,000,000,000. That said, I've soured a bit on the seemingly inevitable IPO. The darling of the tech world apparently had some bugs they weren't telling people about.
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Last edited by Negotiator; 12-05-2007 at 01:21 PM.
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