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$10B Valuation For Facebook?
According the the Wall Street Journal and CNBC, Microsoft is considering a $300-500MÂ investment in Facebook for a 5%Â ownership position. This would value Facebook at $10 billion.Â Maybe it wasn’t such a bad idea to turn down theÂ $1B offer from Yahoo! they received last year to sell the business outright.
[tags]Facebook, Yahoo!, Microsoft, Social Networking, The Next Internet Bubble?[/tags]