Another $500 million for Facebook?
So yesterday, Facebook got Microsoft to invest $240 million in exchange for 1.6 percent equity stake. The amount placed Facebook’s valuation at $15 billion and made Mark Zuckerberg a $3 billion guy in paper. The story is not over though. Forbes is saying that two hedge funds from New York are bringing in another $500 million.
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- Microsoft buying a stake in Facebook? NY Attorney General investigates on Facebook’s security
- Facebook now valued at $15 billion… yes, $15 billion
- Facebook hits 250m users, Zuckerberg celebrates
- Greenspan, another Harvard classmate, claims to be the original Facebook founder
What do you think?