Yahoo has offered about $900 million for Facebook after the previous offer of $800 million was rejected. All these amounts seem arbitraty when it was only a few months back that Facebook said they were looking for $2 billion. I’d be interested in what kind of vistors per month to dollars conversion rate Yahoo gets out of it’s current properties. I’d imagine Flickr would be a good one to compare against, in as much as it’s got a “social” element to it and it was very popular before they bought it. Are they solely in a competition with Microsoft and Google for market share or is there a real bottom line plan to this and other aquisitions?
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