Tag: social-networks

Microsoft’s $240 million Facebook investment bought a small equity stake and an expanded advertising alliance, producing financial exposure to social networking without giving Microsoft strategic control of the platform.

News Corp’s $580 million Intermix/MySpace acquisition bought the leading social network at exactly the moment the category was exploding—and then failed to defend that lead.

Accel’s $12.7 million 2005 Facebook round financed hiring, infrastructure, and expansion while the social network was still concentrated on college campuses.