I was reading that Microsoft is valuing Facebook at around $10 billion.  The kicker?  Facebook is holding out for a $15 billion valuation.

I’m not an expert on web 2.0 values, however I do remember the web 1.0 bust (just in time for my college graduation with a shiny degree in Computer Science… but bitterness aside…).  I think Facebook is awesome, that it’s much better than MySpace, and possibly one of if not the gem of the current web 2.0 crowd (bigger than del.icio.us and/or Digg).  However, that just seems way too much.

The good news though is that if they’re worth that much, then my stock options with Helium will probably we worth a decent amount.  We’re no Facebook but the totals are only going up.  Barring another bust - which is always a possibility - I think I chose the right horse (my only other option at the time being Eons, which is laying off people).

Random Tidbit: Google has several new ideas percolating including a possible competitor to Second Life.