Microsoft Loves facebook

CoffeeShark · #1 (**permalink**) 10-24-2007, 05:26 PM

I've never been on facebook. I assume it's at facebook.com or something. Evidently, I'm the only one. facebook is now valued at $15 billion.

Now Microsoft, already a partner with facebook in advertising, is dropping $240mil on them to get an equity stake, presumed mostly to fend off Google from gobbling up this advertising cash cow and keep a foot in the Social Web 2.0 waters.

What's it mean? It seems to be a big deal, but it's a drop in the bucket to these companies, so I think Google probably has bigger fish to fry. And with Microsoft pushing their Live Spaces sites, who knows where it will lead in the future.

Craig · #2 (**permalink**) 10-24-2007, 05:29 PM

Great piece in the current Wired about Facebook. The cat that created it turned down $1.5 Billion from Yahoo for it. I'm not too hip to what it's all about so I joined to see what all the fuss is about. Not my bag, but I can see if you're into something like that how neat it could be...and anything that is the anti-MySpace is bound to do good things

Tyrant · #3 (**permalink**) 10-24-2007, 05:30 PM

facebook > myspace

however, now with the 50 bazillion applications on everyone's profile, I dunno if I like either that much.

I can't even guesstimate how many times a zombie or vampire has invited me to be bitten...

CoffeeShark · #4 (**permalink**) 10-24-2007, 05:37 PM

Quote:

Originally Posted by Craig

Great piece in the current Wired about Facebook. The cat that created it turned down $1.5 Billion from Yahoo for it. I'm not too hip to what it's all about so I joined to see what all the fuss is about. Not my bag, but I can see if you're into something like that how neat it could be...and anything that is the anti-MySpace is bound to do good things

I'd sell my soul for $1.5 billion, much less my website.

//that's a standing offer

kuyuchi · #5 (**permalink**) 10-24-2007, 08:32 PM

agreed... facebook > Myspace Lol.... and coffe think twice about that offer

But yea ... I think they were wise in not selling themselves to yahoo... they made alot more profit in the long run

DominiKing · #6 (**permalink**) 10-25-2007, 11:14 AM

Quote:

Originally Posted by Tyrant

facebook > myspace

however, now with the 50 bazillion applications on everyone's profile, I dunno if I like either that much.

I can't even guesstimate how many times a zombie or vampire has invited me to be bitten...

Same here, I have a facebook account (Jewtino made me get it) and I liked it for a little while. Now though, is a different story. There's so many applications that it's almost as bad as a myspace. Get's on my nerves so I dont even check it anymore.