Microsoft Reportedly Eyeing Stake In Facebook

The New York Times:

Some people laughed at Mark E. Zuckerberg when he reportedly turned down a $900 million offer last year for Facebook, the social networking Web site he founded three-and-a-half years ago. But Microsoft is considering an investment in the fast-growing site, according to a person familiar with ongoing talks between the companies, that gives the start-up a value of as much as $10 billion.

The discussions between Microsoft and Facebook were first reported Monday on the Web site of The Wall Street Journal. The newspaper said that Microsoft is considering an investment of $300 million to $500 million for less than 5 percent of the company.

Read the whole story: The New York Times

Comments

[StopThePlanet]

01:17 AM on 09/25/2007

Resistance is futile, you will be assimilated.

[jumperpin]

12:16 AM on 09/25/2007

Hmmm...and Murdoch owns MySpace.

Wallet photos never looked better.

[PollM]

09:51 AM on 09/25/2007

Is Facebook value worth between 100 and 200 times earnings?... --------> http://www.youpolls.com/details.asp?pid=585

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