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September 24th, 2007 at 5:06 pm

Let the Facebook Auction Begin…Do I hear $10 Billion?

facebook We all know at some point Facebook will be given a value.  If not just for the purpose of a price tag for the moguls out there to aspire to achieve.  It seems that the Wall Street Journal believes that price may be $10Billion or more.  The article states:

Microsoft’s approach to Facebook in recent weeks with proposals to invest in the fast-growing site is part of the software giant’s effort to catch up with the Internet rival Google. If successful, Microsoft’s talks with Facebook could give it an up-to-5% stake in the closely-held startup — a stake potentially valued at roughly $300 million to $500 million, the people familiar with those talks said.

I think that if it’s worth $10Billion to Microsoft, why not $20Billion to Google.  If nothing more than to drive a stake into the heart of the monster we know as Microsoft.  If we get enough of the foxes in the hen house, we could see a bidding war of the big boys, which will be a historical acquisition of a stake in a company that is showing signs of the next big thing.  I say that tongue in cheek of course, because I believe Facebook has them right where they want them.  Now what do you suppose they will do with them?

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