Facebook Valued at $15 Billion — Microsoft Takes $240 Million Equity Stake
Facebook and Microsoft Corp. today announced that Microsoft will take a $240 million equity stake in Facebook’s next round of financing at a $15 billion valuation, and the companies will expand their existing advertising partnership. Under the expanded strategic alliance, Microsoft will be the exclusive third-party advertising platform partner for Facebook, and will begin to sell advertising for Facebook internationally in addition to the United States. …
Zoe said,
January 29, 2008 at 12:07 pm
Man, that’s a lot of dough.
http://www.lightningselling.com