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Newest 23 Year Old Multi-millionair; Possible Billionair

Featured Replies

Who's Mark Zuckerberg ?

"Microsoft won its latest sparring match with Google on Wednesday, securing a deal to buy 1.6 percent of the social networking site Facebook for $240 million - a move that values the young site at $15 billion and bolsters a new model of online advertising."

"-- Facebook CEO Mark Zuckerberg looks prescient for refusing to sell the Palo Alto startup to Yahoo for an estimated $1 billion last year. Wednesday's deal sets the worth of the 23-year-old, who owns a 20 percent share, at an estimated $3 billion."

From: http://www.sfgate.com/cgi-bin/article.cgi?...5/MNQPSVHG7.DTL

http://en.wikipedia.org/wiki/Mark_Zuckerberg

The American Dream, it still exists... :o

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The many faces of the Facebook deal

Microsoft's investment in Facebook gives the social-networking site a valuation of $15 billion. That makes:

Mark Zuckerberg -- a genius for rejecting earlier bids as high as $1 billion for the company.

{utriangle} Rupert Murdoch an even bigger genius, for paying $580 million in 2005 for MySpace, a Facebook competitor with much bigger market share.

{utriangle} Steve Ballmer and {utriangle} Bill Gates very happy, considering that the Microsoft duo had yet to beat Google on any significant Internet endeavor.

Sergey Brin {utriangle} and Larry Page {utriangle} not so happy, because the Google billionaires had hoped to outbid Microsoft and cement their relationship with Facebook.

Facebook users uneasy. Microsoft doesn't have a great history of fostering Web 2.0 coolness

***************************************************************************

From the same link, above.

LaoPo

Mmm, I think I could handle a few billion at this time in my life :o

fostering Web 2.0 coolness

the hangover from pasting personal details online will come to users of these websites.

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