Fortune Senior Editor - David Kirkpatrick - is reporting that Mark Zuckerberg, the CEO of Facebook was spotted in Seattle Tuesday, heading for meetings at Microsoft.
The web is abound with rumors that this 23yr. old reincarnation of Bill Gates is holding out for a $15 Billion dollar valuation on Facebook. Microsoft is rumored to be interested in doing a deal to buy a 5% piece for upwards of $500M. This is truly mind boggling.
Microsoft’s recent purchase of the aQuantive ad network for a staggering $6 Billion would tie in perfectly with Facebook’s search for increasing monetization strategies.
One thing is certain, Zuckerberg and the Facebook investors, can’t lose anything but momentum from being ’spotted’ in Seattle.
- Google and the giant checkbook, are sure to be watching this carefully.
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[…] driven by two factors; increasing subscriber numbers and ad revenues. Coming off the heels of their visit to Microsoft, it is clear that Facebook is on a mission to hit those 10 billion valuation numbers with […]
[…] maybe the reason for Mark Zuckerberg’s trip to Redmond was to discuss the inept job Microsoft has done with serving relevant ads (which it is known for) […]
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