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Facebook Value Drops $11.25bn
Posted by: snwmark (---.eurotel.cz)
Date: July 8, 2008 03:26PM

THE REGISTER -- July 8 -- Facebook is not worth $15bn. That was the value Microsoft slapped on the social networking poster child last October when it forked over $240m for a 1.6 per cent stake in the company. But according to papers from the recently settled court case between Facebook and Harvard University dating site ConnectU, Facebook believes its common stock is worth only $3.75bn.

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 FUTURE SOCIAL NETWORKING CONFERENCES
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             (Eastern European Market Focus & Mobile/Wireless)
Miami, USA - January 24-25, 2012
             (Global Market Focus)
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             (Mobile & Enterprise Technologies for Social Networking)
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