2007 25
Facebook and Microsoft
Published by MartinVarsavsky.net in General with No Comments
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
No Comments
Leighton Cooke on October 29, 2007 ·
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.
Mahesh on October 29, 2007 ·
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.
Leave a Comment
You must be logged in to post a comment.
Christopher on October 25, 2007 ·
$15bn. you’re all crazy :o\