Comments on: PlusNet joins the Facebook Community! http://community.plus.net/blog/2007/11/09/plusnet-joins-the-facebook-community/ News and Updates on the Community. Sat, 21 Nov 2009 10:19:22 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Tamlyn http://community.plus.net/blog/2007/11/09/plusnet-joins-the-facebook-community/comment-page-1/#comment-189 Tamlyn Mon, 12 Nov 2007 09:35:02 +0000 http://community.plus.net/blog/2007/11/09/plusnet-joins-the-facebook-community/#comment-189 "Microsoft recently spent $240 million acquiring just 1.6% of the brand. That values Facebook at a staggering $15bn only 3 years after its inception!" Not so. Under the deal, Microsoft also got the exclusive third party advertising rights for three years. This is obviously worth some of the $240m implying a valuation of considerably less than $15bn. Whatever it is it's still exceptionally large though. "Microsoft recently spent $240 million acquiring just 1.6% of the brand. That values Facebook at a staggering $15bn only 3 years after its inception!"

Not so. Under the deal, Microsoft also got the exclusive third party advertising rights for three years. This is obviously worth some of the $240m implying a valuation of considerably less than $15bn. Whatever it is it's still exceptionally large though.

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