Why Facebook is worth $15 Billion

Microsoft’s recent investment of $240 M (£117m) in the popular social networking site Facebook, in exchange for a 1.6% share of the company has put a value on Facebook of $15 billion (£7.3bn).

It may seem like a lot, but when you take into account that Facebook adds 200,000 new users every day it may not be far off the mark.

Microsoft seems to think so, and so did Google who got into a bidding war with Microsoft to invest in Facebook, and according to some analysts it was not just business, this was personal.

I am glad to see that Microsoft got to invest in Facebook and not Google (don’t get me wrong I am no Microsoft fanboy), but the more I hear about what Google, and what they are up to the more I dislike them.

The BBC has a great article on why Facebook is worth $15 billion, called ‘15 reasons Facebook may be worth $15bn’, check it out for the full details.

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Tags: Fan, gadget, Google, Microsoft, tech gadgets, technology

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