Microsoft’s $240 Million Stake in Facebook
Posted October 24, 2007
By admin
“Microsoft has won a high-profile technology industry battle with Google and Yahoo to invest in the social networking upstart Facebook.
The two companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook. The investment values the three-year-old Facebook, which will bring in about $150 million in revenue this year, at $15 billion.” – Source
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Ghillie Suits » Microsoft’s $240 Million Stake in Facebook says:
October 24, 2007 at 11:18 pm
Comments[...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptMicrosoft’s $240 Million Stake in Facebook “Microsoft has won a high-profile technology industry … companies said on Wednesday that Microsoft would invest $240 million for a 1.6 percent stake in Facebook … this year, at $15 billion.” – Source October 24th, 2007, posted by admin microsoft, software [...]