FaceBook to be Sold for $6 Bil?

Posted by Rambles | Google,Social Networks | Thursday 12 July 2007 9:34 am

Reports from Internet Outsider is that Microsoft might be in the market to pickup FaceBook for a hefty sum of $6 billion. Especially considering FaceBook is on pace to generate $30 million this year. Although actual valuation of FaceBook is listed at $12 billion. I don’t expect this deal to go through because FaceBook is on pretty firm ground and have turned away large offers in the past.

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

e-wallet Wordpress Theme