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Old 11-19-2007, 02:47 AM
 
Location: Tennessee/Michigan
25,209 posts, read 31,396,573 times
Reputation: 15505

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Last month, Microsoft bought a tiny slice — 1.6 percent — of the social networking site Facebook for $240 million.

If you buy Microsoft’s valuation, that makes the Web site worth $15 billion. One Internet analyst has proclaimed that the site, a kind of interactive yearbook favored by young professionals, is worth $100 billion.

A Web Site Worth $15 Billion? (broken link)
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Old 11-19-2007, 06:02 PM
 
312 posts, read 766,622 times
Reputation: 146
That's a lot of cash for a website. Facebook does get a lot of hits though so I wouldn't doubt it. I just hope Microsoft doesn't decide to Microsoft-ify it... if you know what I mean.
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Old 11-20-2007, 01:23 AM
LM1
 
Location: NEFL/Chi, IL
833 posts, read 105,684 times
Reputation: 344
Quote:
One Internet analyst has proclaimed that the site, a kind of interactive yearbook favored by young professionals, is worth $100 billion.
Ahhahahhahahaha................................... ........................










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AAAAAAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH AHAHAHAAAAAAAAAAAA!

My god, it's 1997 all over again...
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