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$60 Million More Goes to Facebook

Started by Nick O'Neill · 10 months ago

According to Kara Swisher, Asian billionaire Li Ka-shing (not to be confused with Ka-Ching) has invested $60 million in Facebook.  According to the article, Providence Equity Partners and other investment groups have dropped out of negotiations due to crappy terms.  Apparently no ... Continue reading »

4 comments

  • 113.com

    1 year ago

    FB today $15B valuation, if deemed expensive.. well, look at Google when it was $15B or $30B circa IPO.. today, it's $220B...
    reply
  • Nick O'Neill

    1 year ago

    Google has something like $15 billion in advertising revenue $6 billion in cash and plenty of assets. Facebook has $150 million which one hundredth the size of Google and they don't even own their servers.
    reply
  • 113.com

    1 year ago

    Yes, but before they found the adwords/adsense revenue methodology (of goto.com's), they didn't have much.. other than the larryrank algorithm and a whole bunch of servers (and the search appliances to sell to the enterprise), and that was just shortly 3 years ago..
    reply
  • Ruslan Abuzant

    1 year ago

    they don’t even own their servers?? Can you explain a little bit please? And btw, i've been trying to contact you for a decade now, any chance you reply please?
    reply

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