So there’s been a lot of junk written about Microsoft valuing Facebook at $15 billion dollars. That’s a really great story – the only problem is that it’s not even remotely true.
Tech Soapbox explains it. Yes, Microsoft spent $240 million and got 1.6% of Facebook – but what everyone seems to be missing is that in addition to that the ad relationship was expanded and extended to 2011.
That changes things a bit. See what Ahmed had to say about it right here.