Facebook Valued at $15 Billion; Takes $240 Million from Microsoft
October 25, 2007 by Brad
Microsoft (MSFT) has invested $240 million in Facebook at a valuation of $15 billion and gets the rights to sell third-party ads on the Facebook network. That’s a 1.67 percent stake.
[...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptMicrosoft (MSFT) has invested $240 million in Facebook at a valuation of $15 billion and gets the rights to sell third-party ads on the Facebook network. That’sa 1.67 percent stake. read more | digg story. [...]