Microsoft, Google, Facebook

Microsoft pays $240 million for a stake that values Facebook at an astounding 150x of revenue – $15 billion dollars.

Seriously, did they really think that was a good investment.

Facebook is good, but come one, not that good.  They still have a long way to go.  It will take a while for Facebook to compete with MySpace.  MySpace has more traffic than any other website and makes more money than any other.  Facebook is not worth what Microsoft invested.

I think Google duped them into thinking Google was going to invest in it, when it actually was never interested to begin with.

Looks like Google has another major project underway.

Someday Microsoft will start thinking like Google.