Yahoo + Facebook = $1 Billion Dollar Sale

According to the Wall Street Journal and “people close to the matter,” Facebook is in in serious talks with Yahoo to sell itself for an amount around $1 Billion. $1 Billion sounds ridiculous, but it is much more sane then the previously reported $2 Billion dollar amount floating around a few months ago.

In my opinion it is a good time for Facebook to sell (best time would have been 1 or 2 months ago). They have tapped the college market to its fullest extent and is now trying to sustain their growth by opening up the site to anyone. This move could dilute the user experience and upset their current dedicated user base.

[tags]Facebook, Social Networking, Social Network, Yahoo, Brian Balfour[/tags]