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.
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[...] Let the Haggling Over Facebook Begin! In this article, Bear Stearns recommends Yahoo buy Facebook. The estimated price tag given the demographic of Social Network users (in itself a surprising factoid: the largest demographic is 35-54 year olds) is only about half what Facebook is asking. [...]