Microsoft would pay $240 million for a 1.6 percent stake in Facebook. At that rate what would be the total worth of this 3 1/2 year old company?
1.6%
______ = $240,000,000
100% ????
See, Microsoft Buys Stake in Facebook - New York Times
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1 comment:
240 million divided by .016 turns out to be 16 billion.Do you think Facebook is worth 16 billion dollars?
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