Posted October 24, 2007 10:32 am by with 3 comments

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image The New York Post is bold in its prediction that Facebook will announce which suitor will win its hand in marriage, in the next 48 hours.

It seems it’s a two-horse race with Google and Microsoft both vying to buy a 5-10% stake in the social network.

The Post suggest Google’s trying to run-up the price to try and scare off Microsoft. It doesn’t appear to be working…

…Microsoft is hanging tough, despite recent comments by CEO Steve Ballmer that social-networking sites were “a bit faddish.” One source said the Redmond, Wash.-based company is “willing to give any valuation possible” to keep Facebook away from Google.

While there will be spoils for the victor–Facebook is by far the hottest network right now–it will be interesting to see how much they have to cough-up. For Facebook, it’s as much about the money now, as it is about the subsequent valuation this deal will give them. If they sell 10% for $1.5 billion, that gives them a whopping $15B valuation. Nice!

  • Where’s Yahoo in all this? Last week they were the ones predicted to acquire Facebook. I think I was rumored to be purchasing them a few weeks ago too.

    I think I’m getting to the point where it’s call me when they actually sell.

  • Jordan McCollum

    @Steven—No kidding. What was your offer? 😉

  • Facebook creator Mark Zuckerberg looks even smarter now having previously rejected a $1 billion takeover from Yahoo last year. Knowing that Facebook is now valued at $15 billion, let’s see how fast they expand. I’m hearing that a Facebook IPO is likely in a couple of years. Wow, I’d keep a close eye on this as well as the Microsoft stock price which compared to Google stock, looks like a real bargain right now.