In 2007, Microsoft beat out major players like Google to buy a 1.6% equity stake in Facebook for $240 million. At the time, Facebook was valued at $15 billion. Five years later, Facebook's valuation has soared -- giving Microsoft a stake worth more than $1 billion.
Facebook's IPO will raise $16 billion, making it the third-largest IPO in U.S. history.
|Glenn Beck suspended by SiriusXM|
|Hitler's coding machine sold on eBay -- for $14|
|UnitedHealth to exit California's Obamacare market|
|Inside the Trump University 'playbooks'|
|Donald Trump's 'sleaze' attack on reporter hits new level of media animosity|