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Facebook to Sell?
By Drew Meyers | September 21, 2006
$1 billion for a Facebook acquisition? Who might shell out the money? Google? Nope…Yahoo! is the interested party. Myspace got $580 million and (now) has 100 million members. Facebook has 10 million members and might get $1 billion? How’s that work? The argument must be in potential market and the more targeted (and valuable) audience that facebook controls. It could be a win-win situation for both parties. Frankly, I’m surprised Zuckerberg is interested in selling. But who knows- for a 22 year old, someone waving that much money is probably awfully tempting. Maybe he’s gotten tired of being in the spotlight or wants to start another business. There could be many issues behind the scenes that the public doesn’t know about.
If not facebook, might Yahoo! money be better spent acquiring Youtube for $1.5 billion? If Youtube can pull $1.5 billion for their company, they would be hard-pressed to turn it down given some of the legal troubles that face them in the near future over copyright infringement.
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Topics: Web 2.0, Social Networking, MySpace, Facebook, Business, Technology, Google |
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