Okay, that’s it. Money truly doesn’t mean anything anymore. Its all paper, worthless paper. I learned today that Microsoft just paid $240 million for a 1.6% share in Facebook.
Facebook, for crying out loud! And Microsoft’s quarter billion got them less than two percent of it!
I’m all for people being rewarded for their innovations, but Facebook is just another stupid social networking site. Where’s the lock-in? What’s to keep the next fad-du-jour from suddenly stealing their users? Remember Friendster? Yeah, I didn’t think so.
Give it up to Facebook CEO Mark Zuckerberg for hoodwinking Ballmer on this. He’s pulled off the con of the century.