Overhype

by Carlo Longino


Filed Under:
acquisitions

Companies:
facebook, microsoft



Facebook Keeping Its High-Priced Exit Options Open

from the piles-o'-cash dept

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.

Reader Comments

Subscribe: RSS

View by: Time | Thread


  1. identicon
    pete, 11 Jul 2007 @ 6:56pm

    didn't Microsoft already start up (or tried to start) a social networking site in beta testing with a mascot closely resembling the Linux penguin?

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Insider Shop - Show Your Support!

Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

Close

Email This

This feature is only available to registered users. Register or sign in to use it.