Facebook. Seriously, what’s the deal?
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Microsoft Corp. executive Bruce Jaffe said Tuesday that the $15 billion valuation that it placed on Facebook in October is “rich,” but the vice president of corporate development added that the social networking startup has prospects that could “be worth well more.”
And the moon could really be made of cheese. More here. Somebody needs to make the point that large numbers of users does not necessarily mean large amounts of revenue.
Poking Facebook | A social network for two: a modern love song
