Thursday, October 25, 2007

Zuckerberg Lets Microsoft Blow a Wad on his Facebook

facebook executive retreat

So the kid finally let the big boys in. Blowing off Google and establishing a deal with Microsoft that sets the value of the company at $15B. This is based on Microsoft's purchase of a 1.6% stake for $240M. I give the kid credit, he held tough and more or less told everyone to suck it. Me personally, the first time someone offered me something with more than 7 digits, I would have sold out. But hey that's just me. This guy is such a cliche, starting this great business in his dorm room and then dropping out of college. When will someone future billionaire come up with a entry? Soon the kid will have enough money to replace his North Face fleece that he seems to be wearing in every freakin picture.

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