Thursday, October 25, 2007

power of community

a deal which value Facebook at 15bn or $300 per user
Microsoft has agreed to pump $240 million into the social network in exchange for a 1.6 percent equity stake and an expanded advertising relationship. The move is a coup for Microsoft, whose advertising platform will lock down access to Facebook's 49 million members, as it battles Google's advertising business. Facebook venture capitalists, which include Accel Partners and Greylock Partners, are positioned to be the envy of the industry:  The investment gives Facebook a $15 billion valuation.

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