Facebook Turns Five

Happy Birthday Facebook. Everyone needs another time suck.

Yet questions still remain about the finances behind Facebook’s remarkable expansion. The company has attracted more than $200 million in investment from venture capitalists while in 2006 it rejected a reputed $1 billion bid from Yahoo!

In 2007 Microsoft paid $250 million for a 1.6 percent share, a figure that gave Facebook a total projected value of some $15 billion.

I don’t know, I probably would have sold it. But maybe that’s why I am not the guy sitting in the penthouse. 😉

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