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Vinny Lingham's Blog

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

Jamaaludeen Khan
1 year ago

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...

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Trent
1 year ago

don't give up your day job Vinny ;-)

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John
1 year ago

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..

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Vinny Lingham
1 year ago

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.

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