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Archive for March 13th, 2008

by Matthew Loop

That might sound like the most ridiculous headline you’ll read all day – but suppose you did have all the money in the world. Would you pay that 240 million just to own less than two percent of a relatively small company? That’s just what Microsoft, the biggest computer company on the block, did.

The online community Facebook is who Microsoft paid the big bucks to – and the deal suddenly gave Facebook an estimated value of around 15 billion bucks! What exactly does Facebook have that Microsoft – reportedly along with other online giants Yahoo! and Google – are so desperate to get a piece of? More importantly, how can you get the same thing for nothing?



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