4 ms·
A $240M investment on a $15B valuation means Microsoft gets 1.6%, probably not the best outcome for Mark Zuckerberg. Looks like Facebook's investors are trying
by zain 19y ago
A $240M investment on a $15B valuation means Microsoft gets 1.6%, probably not the best outcome for Mark Zuckerberg. Looks like Facebook's investors are trying to make sure their share doesn't get diluted any further.
Also, this is great. Valleywag predicted the announcement shortly before it happened because the heads of PR at Facebook and Microsoft added each other as friends today: http://valleywag.com/tech/confirmed/facebook-and-microsoft-flacks-make-friends-before-deal-announcement-314647.php http://valleywag.com/tech/confirmed/facebook-and-microsoft-f...
- aston 19y agoI assume you got the "not the best outcome for Mark Zuckerberg" from Valleywag, too? I don't see why a higher valuation is "not the best outcome" for anyone invested in Facebook. Unless things are structured oddly, Mark Zuckerberg is being diluted as much as anyone else. Which is, not much at all. And wasn't $250 million the amount they wanted to take?