In June when I visited Facebook and concluded that Facebook was going to be worth over $10bn many friends told me I was crazy.  The funny thing is that when I told this to Owen, Chris Kelly and other Facebook top managers they also laughed and told me I was out of it.  I guess after the Microsoft $240M investment  I wasn´t so out of it.  And I am not surprised that it was Microsoft who paid that “crazy” amount of money as my friends at Google have seen the social network fashions come and go and would have not paid that valuation.  Having said this Facebook plus $240M = serious damage.

Follow Martin Varsavsky on Twitter: twitter.com/martinvars

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Christopher on October 25, 2007  · 

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