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Personal Blog of Vinny Lingham, CEO of SynthaSite
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Facebook valued at $15bn - raises $240m from Microsoft

Started by VinnyLingham · 10 months ago

Ok - my bad. I said $10bn - I won’t take it personally if you unsubscribe from my blog. The story is covered by TechCrunch here… ... Continue reading »

5 comments

  • Don't worry Vinny, you were close enough. I also blogged about this about 2 hours ago. Let's see what happens from this point...
  • don't give up your day job Vinny ;-)
  • Its questionable if the value really is $15 Billion since this was a deal done because of the advertising deal Microsoft got out of it. So its a bit of a bribe..
  • John - I do agree - $10bn was probably more realistic :-)

    Jokes aside - that valuation has subsequently been ratified by another $500m in investment from some hedge funds - although I do believe that they played Microsoft off against the others and wound up with a higher valuation - which was smart.
  • don’t give up your day job Only google is not facebook

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