Think Facebook is worth $10 billion? It will prove worth that and more if Microsoft decides to take a 5 percent stake in the company for $300 million to $500 million.
Word of Microsoft’s intentions has also got Google sniffing back up the ass of everybody’s favourite social network. Not bad pickin’s considering Facebook is expected to suck in $150 in revenue this year, of which $30 million will be profit.
Talk about fiat value. Here’s to Facebook, which isn’t so much “connecting” people as it is printing its own scrilla-scratch-dough.
