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Personal Blog of Vinny Lingham, CEO of SynthaSite
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What does $240m buy you?

Started by VinnyLingham · 10 months ago

Well, definitely not loyalty! Have a look at Facebook, they are still using Google Maps in the Facebook Events app (which is built by Facebook). When Microsoft paid $240m for less than 2% of Facebook, I’m pretty sure they missed that part in the fine print, or else Fa ... Continue reading »

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  • I just read a post today or yesterday talking about how bad Facebook's 2008 forecast looks. I forgot Microsoft bought 2% of the company and can't believe they spent $240 million on only 2%.

    That's pretty funny that they're still using Google Maps. You'd think they would show a little generosity to such a big investment.

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