Facebook Shakes the Money Tree

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Earlier this week news broke about Microsoft’s $240 million investment in Facebook, valuing the social-networking up-and-comer at around $15 billion. (Yeah, that’s like 500 times Facebook’s projected earnings for 2007)

The deal also guarantees Microsoft an exclusive third-party advertising platform partnership with Facebook. (I’ll scratch your back if…)

But, back to the $15 billion. On the heels of that announcement comes today’s news: supposedly a pair of unnamed New York Based hedge funds have anteed up another $250 million each for a piece of the Facebook pie.

For a three year-old company, this type of financial win-fall has the social media universe all a tingle with excitement. Well except, maybe, the folks at MySpace.

So, with nearly three-quarters of a billion in new financing, what’s next for Facebook? An IPO? A sale? An acquisition? More growth?

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Amanda Olsen, SEO & Content Marketing Project Manager I currently live in Midland, MI but I grew up in Muskegon—only a ten-minute drive from the lake. I have a Master of Arts in English Language & Literature/Creative Writing from Central Michigan University and also spent those graduate school years teaching ENG 101 to freshmen. Aside...

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