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by Marc Logemann.
Original Post: Internet Community Bubble - they never learn
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You heard it. M$ paid two hundred something million dollar for roughly 2% of Facebook. This is so hilarious. I think its more about giving Google a slap than economical intelligence. Just to recap, Facebook is a community site with about 50 millions users. I think most of them are teenagers which are changing community sites like their underwear. Furthermore Facebook currently seems to be a US thing only. Here in germany Facebook has no momentum at all. I only know it because Dion blogs about it every 20 seconds.
So anyone there with another community idea? Blackstone and Co. are already waiting to waste some more stock owners money.