Facebook taking a turn
With todays deal of $240 million with Microsoft, facebook is taking a turn. Facebook value has openly come to the market which is $15 billion. This itself makes a good ground for facbook towards IPO. The deal amount should be enough to move to the next phase. Their has been tremendous amount of write ups for the last two months and also new moveups from facebook and this stake was expected, but was not sure with hom it will happen.
Here Microsoft gets a good exposure back to the market on Social Networking and could build some confidence among the communities. But this may not stop or slow down of Googles's plans for Novemeber to reveal
Labels: google yahoo facebook myspace social networking trends
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posted by blogkatt at
10:05 PM
5 Comments:
Facebook's valuation is ridiculous. It is not maturation of web 2.0 in my opinion but desperation on MSs part and a lack of reality on investors parts. If it's true that other investors are coming in at the same valuation then something is wrong. I explain more below:
http://www.bestcashcow.com/stocks_-_options_-_mutual_funds/article/mass_market_tech/facebook-has-20-value-of-newscorp-on-33-of-the-revenue
Nothing can beat Orkut!!facebook is crap.
Wow..facebook's value is really high! But i am more interested with what youtube is offering now.. lolz
I am not shocked with the value of facebook. It has been competiting very great thats why they deserve that!
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