They’ve suddenly become relevant again, so here they are:
2007: $150 million ($200 million?)
2008: $750 million
2009: $1.5 billion
And here’s some discussion of the assumptions we used in developing them.
A $15 billion valuation, the level Facebook is reportedly trying to get Microsoft to pony up to, would be 10X that 2009 estimate. Ludicrous? No. Cheap? No. But then, as we argued a moment ago, for Microsoft a seat at the Facebook table is worth just about anything.