Saturday, January 22, 2011

Facebook Raises $1.5 Billion At $50 Billion Valuation

Facebook,The Social Networking Gaint Has Offically Announced Incredible Rise of $1.5 Billion From Investors Valuating as One Of world'S Highest Earning firm at $ 50 Billion according to a release issued today.

As Stated in Report Of Facebook Raise of  $1.5 Billion ,Facebook Receives $1 Billion from Goldman Sachs Overseas Offering; Digital Sky Technologies and Goldman Sachs Also Recently Made $500 Million Direct Investment Investment Values Facebook at $50 Billion PALO ALTO, Calif., Jan. 21, 2011 /PRNewswire/ --  The transaction consisted of two parts. Today, Goldman Sachs completed an oversubscribed offering to its non-U.S. clients in a fund that invested $1 billion in Facebook Class A common stock. In December, Digital Sky Technologies (DST), The Goldman Sachs Group, Inc., and funds managed by Goldman Sachs invested $500 million in Facebook Class A common stock at the same valuation. 
 Its Not at all An Surprise As Everyone Was Expecting This Rise .Over A year Facebook Raised Drastically making up its Own Way To The world's most Desired site In web.It Has Become The Pulse Of Social Networking.
For more Info see This Article http://techcrunch.com/2011/01/21/facebook-raises-1-5-billion-at-50-billion-valuation/#respond

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