December 11, 2007

Who Owns Facebook?

I guess that's a question many of us ask especially when we see stories about takeovers and buy- outs and the like. So, I was really interested when I found this blog called WallStreet Fighter that has a post on this very topic of - Who owns Facebook?

"We all read daily how Facebook has now been valued at $15 billion after Microsoft bought a 1.6% stake for $240 million. This past week Li-Ka-Shing, the world's 9th richest person, bought a .4% stake for $60 million with rights to double his investment, further verifying the valuation."

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