| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
How Mark Zuckerberg Hacked the Valley | |
|
||
| Time: 09:39 EST/14:39 GMT | News Source: Business Week Online | Posted By: Robert Stein | ||
|
Facebook played Google and Microsoft against each other, driving up the value of both the ad deal and the equity investment. Zuckerberg went with Microsoft. According to people who worked with him at the time, Zuckerberg correctly assumed that Google would come to recognize the importance of social networking and that forming an alliance with his neighbor could set up a conflict. After heated discussions between Microsoft CEO Steve Ballmer and Zuckerberg that fall, during which Ballmer offered to buy Facebook outright, according to multiple people involved in the matter who were not authorized to speak publicly, Microsoft agreed to invest $240 million in Facebook at the then-astounding valuation of $15 billion. The highest amount Ballmer could invest without seeking clearance from his board? $240 million | ||
|
Write Comment
Return to News |
Displaying 601 through 621 of 621 Prev | First |
The time now is
6:21:11 PM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 601 through 621 of 621 Prev | First |
The time now is
6:21:11 PM
ET.
Any comment problems? E-mail us |
