Thursday, May 17, 2012

Microsoft poised to reap rewards from Facebook IPO | Business & Technology | The Seattle Times

tbd how the overall Microsoft/Facebook relationship will change tomorrow, when Facebook may have a market cap of ~50% of Microsoft's
"At the high end, Facebook could be valued at up to $104 billion, which means Microsoft could see its original investment in Facebook grow in value from $240 million to up to $1.6 billion.
Microsoft, which now has a 1.8 percent stake in Facebook, is also planning to offer 6.6 million of its 33 million shares in the IPO. If valued at the high-end estimate of $38 per share, that means Microsoft would make some $250 million.
Not bad for what was a relatively small investment, for Microsoft, back in 2007."
Microsoft poised to reap rewards from Facebook IPO | Business & Technology | The Seattle Times
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