Facebook can be bought

TheDeal.com says Facebook will not be sold until 2009 or later but that seems to be a fairly myopic interpretation of the statements they are reporting.  The Scotsman’s view is that Facebook can be had for the right price.  All that remains is the haggling.

If Facebook were to be acquired, Thiel, who is president of hedge fund Clarium Capital Management LLC and managing partner of VC firm Founders Fund Management LLC, estimates it would command a price tag between $7 billion and $10 billion. The market, on the other hand, values the company closer to $3 billion, he said. The estimate is derived from the valuation of New York-based Viacom Inc.’s MTV music television network, which has similar demographics to Facebook, he said.