Facebook worth $10 Billion USD?
Sep 25th, 2007 by Colin Klinkert
Microsoft have had an advertising relationship with Facebook for a year now, but look set to want a part of the company. Reports have been speculating that Microsoft could pay between $300-500 million for a 5% stake in the social networking giant! This would then give facebook a $10 billion valuation! The funny thing is that Facebook are reportedly wanting a $15 Billion Valuation!
Not sure about your views on this, mine is that, whilst facebook is a fantastic site that would be worth a LOT of money, the internet changes so fast, tomorrow another company with more video streaming or another angle could come and captivate the crowd who use social networks and in essence do what facebook has done to myspace since they made their API open to developers.
I think that this valuation is whacked out, but that is only my view, what is yours?
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Are you kidding $10 billion to $15 billion that is crazy. How is it possible it is worth that much? Would someone really be willing to pay that much for it? I don’t think it is worth that. A year from now it could be old news.