valleywag.com — Microsoft's $250 million investment in Facebook gives the social networking site a valuation of $15 billion. And sources say Facebook CEO Mark Zuckerburg owns roughly a third of it, sources tell ValleyWag's Megan McCarthy. That could make Zuckerberg the richest 20-something on earth. At least, if he ever manages to cash out.
Oct 25, 2007 View in Crawl 4
nytestarnyneOct 25, 2007
By the time he cashes out he won't be 20-something anymore.
japroachOct 25, 2007
Take a minute and actually read the article, then you will realize why you are incorrect.<a class="user" href="http://tinyurl.com/2py625">http://tinyurl.com/2py625</a>
gmprunnerOct 25, 2007
Insane.
diggmemphisOct 25, 2007
Bubble 2.0! FB's actual earnings are estimated to be no higher than $50MM for 2007. At current levels, Microsoft will break even in a mere 300 years (not taking the time value of money into account). This is a gross overreaction to Microsoft's internal and external perception that they are loosing important strategic footing to Google and Apple. I dig Facebook, but this is sheer lunacy. I especially loved the Reuters article(<a class="user" href="http://tinyurl.com/2py625)">http://tinyurl.com/2py625)</a> "it CAN reach 300 million users" and "if" you "assume" you can earn "a nominal amount" ($50) per user, "you quickly reach those numbers!" Thanks for the multiplication lesson.
tyrioneOct 25, 2007
Between MySpace and Facebook: Both are horrific products of Social Networks, but both are better than the crap being offered as competition.Sell out and start something better is what I'd be wanting as part owner.Both are a joke and littered with junk. Then again, that's the world.
aduzikOct 25, 2007
Oh Faceberg. Nobody lambasts Faceberg like Fake Steve Jobs: <a class="user" href="http://fakesteve.blogspot.com/2007/10/duuuude-fifteen-billion-fifteen-billion_25.html">http://fakesteve.blogspot.com/2007/10/duuuude-fift ...</a>