Six Billion Dollars?
Rumors are flying that Microsoft offered to buy Facebook for $6 billion this week. Of course, they could have offered six bajillion—Zuckerberg just ain’t selling.
The original author of the rumor, Henry Blodget, makes the important observation:
$6 billion’s a nice fat number, but it’s only 1/25th of Google’s valuation, and the Facebook folks clearly think they’re worth more than that.
On the other hand, it’s 200 times $30 million, the estimated earnings for Facebook this year (as reported by John Batelle).
We’ve mentioned this before, but there’s also the latest round of rumors of an impending Facebook IPO. This time, there’s one more piece of potential evidence: a job listing on Facebook for a Stock Administration Manager. Requirements: “administration experience in an international public company, preferably a technology company” and “Strong knowledge of SEC, FASB, and IRS rules and regulations relating to stock plans and insider trading.”