After 10 years of Microsoft investing in Facebook, Facebook is now worth nearly as much as Microsoft
10 years ago, at the same time, Microsoft invested $ 240 million in a fast-growing social network called Facebook, expanding the coverage of advertising partners with companies.
At that time, this was a big deal.
Microsoft had to compete with Google and win, mainly because of a $ 15 million Facebook valuation investment, a shocking number for many at the time.
Keep in mind that this is only the time when the new mobile boom - the new iPhone was born a few months ago - and people still talk about things like 2.0.
For many people, Facebook with 50 million users and less than 4 years of age is just a temporary trend. But it turned out that many people were wrong.
10 years since Microsoft invested in Facebook
As we all see, Facebook is not a temporary movement. It is gradually becoming the most important interactive product in history, and one of the leading companies in Silicon Valley.
Facebook hours are worth $ 508 billion, 30 times more than the number of 2007 with more than 2 billion users, up 40 times compared to 10 years ago.
Looking back at 10 years, Microsoft's investment is worth it
It is also difficult to say that early investment in Facebook benefits MIcrosofot because they have never received the profit from advertising as expected from this deal. The rise of MIcrosoft under CEO Satya Nadella comes from software.
Anyway, this is still considered one of the greatest investments of all time.
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