VentureBeat: Microsoft invests $240M in Facebook, as Facebook develops ad product
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mathew johnson · 2 years agoi think msft played this one beautifully - the valuation is not important - msft was able to put in a much lower figure in absolute terms, which is not much for them, and capture a measure of influence and control that would otherwise have fallen into the hands of an arch-rival. no problem.
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A. Smith · 2 years agoThis is idiocy - if FB is "worth $15 billion", what does this make MySpace worth? News Corporation is obviously undervalued. This is insane for a company trying to figure out how to make money.