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Did Google bluff Microsoft into over paying for Facebook?

Geoserv

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Microsoft pays $240 million for a stake that values Facebook at an astounding 150x of revenue - $15 billion dollars.

A week later, Google announces Open Social, a competitive platform with partners including LinkedIn, Hi5, Friendster, Salesforce.com, Oracle, iLike, Flixster, RockYou, and Slide. That deal that took longer than a week to structure.

Source: » Did Google bluff Microsoft into over paying for Facebook? | Storage Bits | ZDNet.com

Looks like they did to me as well.

MSN definitely paid too much.

Geoserv.
 
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