When Microsoft bought a stake in Facebook last November for US$240m, the social networking site was valued at a staggering US$15bn – unheard of for a company so young and strange given its recent formal valuation, which now puts it at a considerably more modest US$4bn.
It is difficult to know whether this US$4bn is nearer the mark or if it is merely a placeholder value as the firm moves to allow employees to sell stock this coming November, while staying private. Read More
Courtesy: Silicon Republic
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