Only if it were worth $237 (£117) - or even $237.99 - to Google. The Redmond giant was this week in talks to acquire part of the social networking site, which Nielsen/NetRatings said on Tuesday is the most popular in the UK, with 6.5 million users (up sixfold since December), ahead of MySpace with 6.3 million (up 20%) and Bebo (4.5 million, up 64%).What Microsoft is after is a slice of the hottest site online, and it is prepared to pay somewhere between $300m and $500m (£125m to £250m) for a 5% stake.
That would value the site as a whole at between $6bn and $10bn - and the site says it has 42m users worldwide. The upper valuation values each of them at a tidy $238.09 each. Slightly less, now that another dozen have joined while you read this sentence.
Full story: guardian.co.uk
