Mark Zuckerberg is chugging a can of beer right now and screaming “Shit yeah dudes!” somewhere on this earth. Why? Microsoft is looking to possibly invest in his popular social networking site.
You may have heard of it actually, it’s called Facebook.
Microsoft is looking to buy a reported 5-percent stake of the company in exchange for some cash. The amount? Somewhere between $300 and $500 million. This essentially means that Zuckerberg is saying his company is valued around the $15 billion mark. As the founder and CEO, he’s bound to make a ton of money out of the deal and Microsoft could even purchase the site down the road for an absurd amount of cash. With Microsoft already acting as Facebook’s main ad supplier, the two companies are definitely going to profit from this deal.
Microsoft reportedly in talks to invest in Facebook [Reuters]
