03
/ January
2011
Recent Investments Put a Value on Facebook of $50 Billion
The New York Times is reporting Goldman Sachs and a Russian partner (Digital Sky Technologies) have invested $500M in Facebook, an investment that supports earlier valuations of the company of $50B.
We have reported on the secondary market for Facebook shares before, something you can follow at SharesPost.
In the same article, NYT reports Groupon, the social shopping site that recently turned down a $6 Billion offer from Google is fundraising, touting a $5B valuation.