Facebook now worth less than what Microsoft offered for Yahoo in 2008

[neya]

http://techcrunch.com/2012/08/02/facebook-drops-below-20-worth-less-than-what-msft-offered-for-yahoo-in-2008/

[cfinke]

Why is that significant? Is there going to be a story every time the stock price changes about which historical company Facebook is now worth more or less than?

[Splognosticus → cfinke]

Probably. It's the "if it bleeds it leads" mentality. What I wonder is if their user base will assume the company's doomed due to all the news about their stock price and move their stuff to Google+ or whatever the next Myspace clone is gonna be.

[neya → cfinke]

Maybe because they are valued less than Yahoo, which is a bad state for a company like Facebook to be in? Especially when they opened up with so much hype surrounding them..

[r00fus → neya]

They aren't worth less than yahoo, they're worth 2x as much ($42B vs $19B) as of the current moment.

Yahoo is worth much less now than Microsoft offered for them in 2008, so this comparison is just your average TC troll title.

[diego → cfinke]

It isn't. Techcrunch just needs to keep their homepage moving and it must be a slow morning.