Facebook: Yours For $10 Billion

Here's a piece of big news that just about everyone missed: Facebook is on the block, and they want just $10 billion. Any takers? Google, Microsoft (it's too expensive now for Yahoo)? The hint came from a report in The Deal last week where PayPal co-founder and Facebook director/major investor ($500K) Peter Thiel discussed the possibility of a merger. Thiel basically said that neither an acquisition or an IPO were in the immediate cards: "If we have a fully developed revenue model, it would be much easier to value [Facebook ... but we're very, very far from that point." However, at the end of the report he threw out the following: "If we got an offer from someone for $10 billion, we probably would listen to them. I don't think we're going to get that offer, and we're not going to solicit it." More ...