It looks like giant Microsoft settled on a tiny piece of Facebook (a 1.6 per cent share) for a massive $240million. That puts Facebook’s valuation at around $15 billion.
When we originally launched WebsiteBroker.com back in late 1997 the Internet was a different place. It was before the now infamous dot com crash. No one had even heard about blogs back then. Google was not even on the radar. Even back then, the valuation and price tags of websites with very little revenue or even prospects for… Read More »