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Wednesday, October 24, 2007

Facebook's Value


Kevin
Originally uploaded by compujeramey
Facebook's value has skyrocketed. Microsoft bought 1.6% of the social network today for $240 million, valuing the whole thing at $15 billion. If you run the math on the 42,000,000 users, it comes out to value the network at $357 a user.

Flash black to March 29, 2006. Facebook was worth $2 billion in buyout talk rumors or $285 a user.

Crazy how fast things change.

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