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Adding Insult to Injury

March 30, 2006, 01:08 PM ET

Who'll Buy Facebook?

The creators of Facebook think they can make $2-billion by selling off the phenomenally popular online property. Are there potential buyers who won't be turned off by the price tag? Some analysts, like Om Malik of Business 2.0, think not.

Still, speculation about Facebook's possible sale is spreading on Weblogs, which may be just what the site's current owners intended. As a few analysts have pointed out, the strategy is cut from the same cloth as that of Skype, which floated astronomical expectations for its sale price in order to start what one blogger calls "a faux bidding war." (Techdirt)

And when there's talk of high-profile technology deals, Google inevitably enters the conversation. The search engine plans a public offering that would raise just over $2-billion -- an amount that seems like more than a coincidence to reporters at BusinessWeek.

Categories: Student-Life, Company-Watch

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