http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/ ... at the intersection of media, technology, business and the web Tue, 04 Oct 2011 13:01:00 +0000 hourly 1 http://wordpress.org/?v=3.1 http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/comment-page-1/#comment-16482 Paul K. Sat, 24 Jun 2006 00:17:15 +0000 http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/#comment-16482 I hate to rain on this billion-dollar parade, but the $2-billion valuation is pretty dubious stuff. Dan Primack says that insiders tell him there is a big disconnect between the equity buy, the ad spending, and Facebook's valuation. How big? Dan's insider says the valuation is still sitting around $550m, where it was earlier this year. I hate to rain on this billion-dollar parade, but the $2-billion valuation is pretty dubious stuff. Dan Primack says that insiders tell him there is a big disconnect between the equity buy, the ad spending, and Facebook’s valuation. How big? Dan’s insider says the valuation is still sitting around $550m, where it was earlier this year.

]]> http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/comment-page-1/#comment-15915 Mathew Ingram Wed, 21 Jun 2006 21:57:55 +0000 http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/#comment-15915 You're right, Josh. They will of course be getting the value of the advertising as well, although I don't think that changes the overall math that much. But good point. You’re right, Josh. They will of course be getting the value of the advertising as well, although I don’t think that changes the overall math that much. But good point.

]]> http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/comment-page-1/#comment-15903 Josh Wed, 21 Jun 2006 21:15:52 +0000 http://www.mathewingram.com/work/2006/06/21/ad-agency-takes-stake-in-facebook/#comment-15903 Mathew, If I read this right, Interpublic group is getting More than just .5 percent, they are also getting $10 million in advertising. This would push the (estimated) valuation downwards, as it is not a straight cash-for-shares deal. Someone please tell me if my brain is not working properly and I'm misreading the story. Mathew, If I read this right, Interpublic group is getting More than just .5 percent, they are also getting $10 million in advertising. This would push the (estimated) valuation downwards, as it is not a straight cash-for-shares deal. Someone please tell me if my brain is not working properly and I’m misreading the story.

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