Microsoft's buys 1.6% of Facebook for 240 million.
Microsoft's purchase puts Facebook's value at 15 billion dollars. On top of getting 1.6% of Facebook, Microsoft also gets to sell ads for Facebook, and deepen their business relationship.
Is it a smart business move?
Would providing seed money to Facebook's expansion eventually cause Microsoft to shoot themselves in the foot? Remember when Yahoo funded Google's start? It backfired and now Yahoo is getting killed in Search.
On the other hand, this purchase could be a purely defensive move against Google.
Re: Microsoft's buys 1.6% of Facebook for 240 million.
Bad comparison. Google is taking over the world. Microsoft already owns it. Apple is trying. Everybody loses.
Re: Microsoft's buys 1.6% of Facebook for 240 million.
It's just part of their plan to scrape facebook's database, patent all of the information and sue everyone.
Re: Microsoft's buys 1.6% of Facebook for 240 million.
I'll sell them my face and a copy of that book I wrote for half that much.
Re: Microsoft's buys 1.6% of Facebook for 240 million.
Quote:
Originally Posted by wossname
I'll sell them my face and a copy of that book I wrote for half that much.
I'll do it for a quarter as much.
