Latest Channel 4 News:
Tragic baby will be allowed to die
Knife murder sentences to be raised
Lindsay's father hails Japan arrest
School gunman surrenders to police
Students wait for delayed payments

Facebook would sell for $10m

Updated on 25 July 2007

By Channel 4 News

Facebook would consider selling up for £5bn, one of its directors has revealed.

But any such sale of the social networking site is not expected for at least 18 months.

Director Mr Thiel said: "If we got an offer from someone of $10bn, we would probably listen to them."

Mr Thiel said Facebook was in no hurry to sell - and had no preference in terms of a buy-out or stock market listing.

Facebook is expected to earn £75m from advertising in 2007 alone.

Send this article by email

More on this story

Channel 4 is not responsible for the content of external websites.


Watch the Latest Channel 4 News

Watch Channel 4 News when you want

Latest Science Technology & Environment news

More News blogs

View RSS feed

Private data on Google

Google (Credit: Reuters)

Google reveals how much information it stores about its users.

FactCheck: czar sacking

Home Secretary Alan Johnson (credit:Reuters)

Did the government's drugs advisor overstep political lines?

Swine flu vaccine

image

Wondering how you can get the swine flu vaccine? Find advice here.

The price of being green

image

Would you pay green taxes to combat climate change?

Copenhagen countdown

Polar ice cap (credit:Reuters)

Why the fuss over the Copenhagen climate summit?

Most watched

Most watched

Find out what's getting people clicking online this week.

How to tweet

How and why to follow the Channel 4 News family on Twitter.




Channel 4 © 2009. Channel 4 is not responsible for the content of external websites.