Facebook is now valued at $15 billion

Facebook logoI was talking to some 30-something, non-tech-industry friends last week, and the topic turned to Facebook. What’s the deal with Facebook? they asked. None of them had profiles, none of them had ever even visited the site, all of them thought I was nuts for having set up a profile. “You mean you put it online that you live in Massachusetts?!” they asked. I tried to explain that Facebook is huge (as is the state of Massachusetts). They didn’t buy it.

“Today Microsoft agreed to invest $240 million for a 1.6% stake in Facebook that values the social-networking site at $15 billion, beating Google in a closely watched contest.”Friends, Facebook is worth $15 BILLION dollars. I am not the only one who uses the site.

Tags: , , ,

Related Posts

Comments are closed.