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The Water Cooler: Stalker Site for $2billion?

by XXBryan Glanzberg on Mar 28, 2006 at 07:25 PM

Every Monday, Bryan Glanzberg contributes The Water Cooler, a column that bridges the gap between technology and business. This week we’re bringing you a double whammy.

Facebook

Well college students nation-wide, your favorite stalker site Facebook is on the block.  Mark Zuckerberg turned down $750 million a few months back…everyone thought he was out of his mind!  Now he is looking to earn as much as $2 billion on the sale of this popular college and high school website. 

Viacom is looking to purchase the site as they feel it might be a good strategic fit and it could directly tie to their recent attempts to drive social networking.  Advertising revenue is hot now and could be a great source for Viacom.  This development will be very interesting.

Read [Business Week]

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