Microsoft Takes a Stake in Facebook
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So what does this $240 million get Microsoft? Well now they own 1.6 percent of the company (big deal). The bigger thing here is that Microsoft will be the exclusive provider of banner advertising and sponsored links on Facebook, of course using Microsoft’s adCenter platform. This is huge for Microsoft as their adCenter is a slow third behind Google’s Adsense and Yahoo’s Publisher Network. They are also sticking one to Google who won the bidding battles on YouTube and DoubleClick Inc. I think in Google’s mind it would have been nice to have the exclusive deal with Facebook, but unlike Microsoft it was not necessary.
Facebook is another great story of a kid who started the site from his dorm room in school. Mark Zuckerberg started the site while at Harvard and in less than 4 years it is valued at $15 billion! Myspace is the only social network larger than Facebook, but a lot more people are heading the way of Facebook. I know I am, I am tired of all the crap on Myspace, and I really like the clean look of Facebook. In my opinion it is a much better social networking platform. So when are we going to see Facebook stock? Make sure you get it early, look at the Google stock!
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I’ll be sure to buy plenty of stock if they do come out with it.
Judging by the success, I probably won’t be able to afford any stocks.
Like Leo said,
If Facebook does go IPO, I might able to afford only 1 share. Mark said from Techcrunch interview that he doesn’t see the company going public.
If it goes IPO, stock is going to be really high in price. Probably too high for most of us to own much of.
That said, I don’t think facebook’s would-be stock will raise by much in the future. But, look at the iPod. $399 worth of stock in 2001 translates to $10,0000 today.
Right on BoB, I am very glad you posted this topic…because Sean’s comment above is intersting to look at. $399 to $10,000 that is a lot of money. I am just getting into stocks myself and see a lot of room to make money even if you don’t have a lot. You can track my success on my blog. It started on Friday. Thanks again for the great & exciting $$$ info on Facebook ; ) and the idea of their someday stock option…I agree with you about Myspace too, there is too much junk on there now!
~Krysti~
http://www.momsCashBlog.com
Some serious coin for such a small % …. would love to be in Marks shoes now, still don`t know what`s up with trying to trim 5 yrs off your age though.