Why Facebook may be worth $15bn
BBC wrote an interesting article ‘15 reasons Facebook may be worth $15bn’ following Microsoft stakes buying of the social network side which valued it with a market worth of $15bn…
I like their last point actually…
Facebook is worth $15bn only because Microsoft says so. The value of Facebook is based on a 1.6% share of the firm being worth the $240m Microsoft paid for it. Microsoft and Google were in a bidding war for a slice of the firm and both companies have large pockets. This was not just business, this was personal, according to some analysts.