On 10/25/07, Hank <[address removed]> wrote:
That said, Microsoft does look desperate. 1.6%. sheesh.
Damn straight they're desperate! They feel Google breathing heavily down their necks, and they need to get an edge pronto. So they do what they usually do in such situations, attempt to buy themselves out of it.
Now, note that just because MSFT has bought 1.6% of the company does that mean that they would be willing to shell out $15 billion to get the whole shebang...and, doesn't Zuckerberg look like a genius for holding out when Yahoo! offered a mere $1 billion to buy them up?
Success is a lousy teacher. It seduces smart people into thinking they can't lose. -- Bill Gates