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You may not be smarter than Bill Gates, but you can still beat him at his own game! According to his own calculations - paying two hundred and forty million dollars for a mere 1.6 percent stake in Facebook - Microsoft and Mr. Gates has essentially valued the world's hottest social networking site at an eye-popping fifteen billion dollars. - The Face of Web 3.0 Marketing By : Matthew Loop
Anything Microsoft would pay 240 million for just over one and a half percent of has to be a pretty big deal. And that pretty big deal, in which the computer behemoth triumphed over Yahoo! and Google, officially certified Facebook's status as the hottest online social site around. And because of the Microsoft payout, Facebook has a value estimated at 15 billion - Who are Microsoft, Yahoo, and Google Fighting Over for Web 3.0? By : Sam B. Goldberg
You should care precisely because of what Facebook is: the #1 social activity website in cyberspace and the impetus for Web 3.0 and the semantic web. Only three and a half years old, Facebook has witnessed a sudden explosion in popularity - with the computer biz's biggest players all vying for a piece of the action.
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