Wednesday, October 24, 2007

Facebook: Over 15 Billion Served

It's supposedly official...

Microsoft acquires equity stake in Facebook; Facebook's valuation at 15 billion | The Social - CNET "It's official: Microsoft will take a $240 million equity stake in Facebook during its next round of financing, valuing the company at a whopping $15 billion."

Not a comment on whether they are worth it or not, but just to add some perspective... the entirety of AOL (portals, dial-up access business,, AIM & ICQ, Winamp, Mapquest, Netscape, Moviefone, etc.) was valued at $20 Billion a couple of years ago (when Google invested $1B for a 5% stake).

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