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Get 240 Million Dollars worth of Marketing FREE?
Microsoft paid a hefty price tag - two hundred and forty million dollars - for only a 1.6 percent stake in the sizzling-hot online social networking site, Facebook. By that yardstick, Bill Gates' big guns are reckoning that Facebook's value is worth fifteen billion bucks altogether.
Web 3.0 Marketing's Biggest Player
Anything Microsoft would pay 240 million for just over one and a half percent of has to be a pretty big deal. And that pretty big deal, in which the computer behemoth triumphed over Yahoo! and Google, officially certified Facebook's status as the hottest online social site around. And because of the Microsoft payout, Facebook has a value estimated at 15 billion
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