Archive for the 'facebook' Category

Microsoft and Facebook

November 4, 2007

So Microsoft put $240 million into Facebook, valuing the social networking company at $15 billion. My ass. There is no such value. Here’s how the negotiation actually went:
Microsoft: Give us exclusive access to your ads.Facebook: Woo, that’ll cost you. We’re a premium property. We’ll negotiate hard, like the Web 2.0 muthas that we are. We [...]