Is Facebook really worth $15 Billion?

The world's largest software company announced a deal Wednesday to purchase a 1.6-per-cent stake in Facebook Inc. for $240-million (U.S.), beating out bids from a list of competitors that was said to include Microsoft's chief rival in the online advertising space, Google Inc. The deal pegs the value of Facebook, which developed the popular social-networking site of the same name, at $15-billion. Full Story

Does it really worth $15 Billion? Are you going to participate in IPO if there is one?

Related Story: Is Facebook a Potential IPO Candidate?

Source: reportonbusiness.com