Thursday, September 27, 2007

Microsoft, others in make billion dollar offer for Facebook

23 year old Mark Zuckerberg is going to be one very very RICH guy, goddam, what was I doing when I was 23????


Software firm Microsoft and internet search engine Google are in discussions over investments in Facebook that would value the internet social networking company at as much as 10 billion dollars, a New York Times online report said Tuesday. Citing sources with intimate knowledge of the talks, the New York Times said Microsoft was considering an offer of 300 to 500 million dollars for 5-per-cent ownership of Facebook.

The privately-owned Facebook is considered desirable by potential investors for its future potential, the report stated, saying that venture capital firms are also interested in investing in the company, which according to current estimates makes little profit.

Source: Bangkok Post

No comments: