PE Hub: Facebook’s Valuation Problem
Dan Primack of Thomson Reuters’ PE Hub takes a look at the implications of the $240 million that Microsoft invested in Facebook last year:
The WSJ recently reported that Microsoft is sniffing around Facebook, less than seven months after investing $240 million in the social network at a $15 billion valuation. It was largely discounted as the hopeful fumblings of Steve Ballmer, in his search for a rebound acquisition after being dumped by Yahoo. But it got me to thinking: Microsoft’s initial investment may be one of the worst venture capital deals of all time.
Click here to read the full article.
On a related note, check out this uncomfortably literal depiction of Facebook from BBC’s “The Wall.”


