Wed, Jul 11th 2007 2:40pm
There's been some speculation lately that Facebook is gearing up for an IPO, based on a recent job listing at the company, but it would appear that the Skype billion-dollar buyout plan is still a possibility. New rumors spread by everybody's favorite dot-com analyst, Henry Blodget, say that Microsoft will buy Facebook as a desperate Steve Ballmer looks to get the company some real traction in the social networking and web space. Blodget calls the rumored price of $6 billion a "fly in the ointment." Of course it is: after Yahoo's $1.62 billion offer for Facebook was rejected last year, a Facebook board member quickly said that the site wasn't for sale -- but was worth $8 billion. So going by the Skype plan, since about seven months have passed since that comment, and Facebook's gotten tons of hype since it announced its platform offering (even though page views are off a bit), the going price should be roughly, say, a nice round $20 billion by now. Remember, you heard it here first.
If you liked this post, you may also be interested in...
- FTC Spotlights The Reputation Hole Machinima Dug For Itself With Undisclosed Paid Xbox Pimp-Posts
- Microsoft Retrofitting Windows 7, 8.1 With Windows 10's Privacy-Invading 'Features'
- EA Admits That Gobbling Up Talented Studios Then Ruining Them Isn't Working Out So Well
- How Many Times Will Skype Be Acquired For Too Much Money By Big Tech Companies With Little Strategic Synergies?
- Amazon Acquires Woot; Woot CEO Pens Best Acquisition Letter Ever