Quote:
Originally Posted by ken0042
$240 million for a 1.6% stake? Why would anybody bother?
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Microsoft said it would be the exclusive third-party advertising platform for Facebook, one of the hottest properties on the Internet with more than 47 million users.
Google makes what, 6 billion a year off adwords? Admittedly for many more than 47 million users, but still.
And looking down the road, social networking has a chance to rival search as the interface of the net.
Not a bad play really.