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.
|Google's moonshot projects lost $859 million last quarter|
|Elon Musk's push for autopilot unnerves some Tesla employees|
|The uncouth Roger Ailes|
|Chipotle will now make burgers|
|Whole Foods still suffering one year after price scandal|