By Greg Mills
I bet that headline woke up some of my readers who hadn't had their coffee yet. I read yesterday, with amazement, that the high tech buffoon CEO of Microsoft made a good decision a few years back and invested in Facebook, before it become so popular.
Investing about US$240 million in Facebook in 2007, Ballmer bought a 1.5% stake in the company, which then soared to about four times the valuation we see today. See http://finance.fortune.cnn.com/2011/01/05/lets-give-steve-ballmer-some-c... . While Ballmer's leadership of Microsoft has largely been a "follow the leader" sort of management style, doing as many things as Microsoft does will, by default, include some good moves.
I don't know if it is the economy or just stingy Mac fans,...| Read more »