Microsoft’s Facebook Investment: Crazy Like a Fox
By Harry McCracken | Monday, June 27, 2011 at 12:27 pm
Back in 2007, Microsoft paid $240 million for 1.6 percent of Facebook, putting the three-year-old startup’s valuation at a cool $15 billion. People thought Microsoft was crazy. What’s Facebook’s valuation in June 2011? An even-cooler $70 billion.
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October 3rd, 2011 at 1:28 am
Yes it is too big money which is invests by micro soft in Face book but I think it is not crazy investment.