Jan 3, 2011

Facebook is Worth $50 Billion (and it’s real money this time)

http://www.techi.com/2011/01/facebook-worth-50-billio/
Venture Capitalists and private investment analysts often throw out lofty numbers when talking about the value of a company, but such entities rarely make substantial investments based upon those claims. When “The Street” makes such a valuation, there is normally real money involved. Such is the case with Facebook as respected investment firm Goldman Sachs and an undisclosed Russian firm have plopped down $500 million against a $50 billion valuation.
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