Facebook and Microsoft
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.
Posted on General | 12:18 am
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Posted by Christopher - October 25, 2007 3:25 pm - #
$15bn. you’re all crazy :o\
Posted by Leighton Cooke - October 29, 2007 3:58 pm - #
Let’s just hope that Microsoft isn’t the kiss of death for Facebook. The feedback that I’m getting from my students (who are mostly Apple geeks I admit) is that they don’t trust what Facebook is up to here.
Posted by Mahesh - October 29, 2007 11:36 pm - #
Google is investing in its social tier application called Makamaka which is a layer of social networking integrated into all the google applications to counter the MS black out on Facebook. The release is on November 5 - not too far away. The wait cannot get better.