Facebook : A major infusion of financing that has elevated the projected value of Facebook Inc. to $50 billion may be the most concrete sign yet that the social-media king is becoming the center of Online Advertising and commerce, experts said Monday.
PHOTOS: Facebook in pictures
The social-media world rippled with news over the weekend that the Palo Alto firm has received a $500 million infusion - $450 million from the formidable Wall Street Investment Firm Goldman Sachs Group and $50 million from Digital Sky Technologies, the Russ...
VIDEOS: Facebook in videos
Goldman cash adds to Facebook's firepower
Provide feedback to the multimedia producers. Thank you. Your feedback was successfully sent. Video will begin in 5 seconds. What type of connection do you have? Your video format settings have been saved. Facebook has no problem with individuals being 'friends' on the site. But when it comes to investing in the company, only certain friends need apply. NEW YORK: The $US450 million Goldman Sachs is reported to have invested in Facebook is expected to give the world's most popular social networki...
Report: Investments Value Facebook At $50 Billion
Social networking behemoth Facebook has raised $500 million from Goldman Sachs and a Russian Investment Firm in a deal that values the company at $50 billion, The New York Times reported.
Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday in its online edition, citing people involved in the transaction that it did not name. Goldman has the right to sell part of its stake, up to $75 million, to the Russian firm.
The report said represent...
Facebook raises $500M from Goldman Sachs
Social Networking site valued at $50B
© Adrian Wyld/Canadian Press
Facebook has raised $500 million US from Goldman Sachs and a Russian Investment Firm in a deal that values the company at $50 billion.
Facebook has raised $500 million US from Goldman Sachs and a Russian Investment Firm in a deal that values the social networking site at $50 billion, the New York Times reports.
Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday ...
US probe after Goldman investment in Facebook
A Goldman Sachs investment of nearly half a billion dollars into Facebook has spawned a Probe by US Regulators eager to safeguard the dividing line between public and private companies, The Wall Street Journal reported on Wednesday. US media earlier this week said that investment giant Goldman had poured 450 million dollars into Facebook and that a Russian Investment Firm, Digital Sky Technologies, sank another 50 million dollars into the Social Networking site. The Journal reported however th...
Report: Facebook deal values firm at $50 billion
Source: MSNBC
As if being named Time's Person of the Year wasn't enough, Facebook founder Mark Zuckerberg may now be worth an estimated $14 billion. Not bad for a 26-year-old.
The boost in Zuckerberg's fortune reportedly has come after news his Social Networking company has raised $500 million from Goldman Sachs and a Russian Investment Firm in a deal that values the company at $50 billion.
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US probe after Goldman investment in Facebook
Stumble This! A Goldman Sachs investment of nearly half a billion dollars into Facebook has spawned a Probe by US Regulators eager to safeguard the dividing line between public and private companies, The Wall Street Journal reported on Wednesday. US media earlier this week said that investment giant Goldman had poured 450 million dollars into Facebook and that a Russian Investment Firm, Digital Sky Technologies, sank another 50 million dollars into the social networking site. The Journal report...
Goldman, Digital Sky invest in Facebook: source
By Alexei Oreskovic and Nadia Damouni
San Francisco/NEW YORK | Mon Jan 3, 2011 7:25pm EST
San Francisco/NEW YORK (Reuters) - Facebook has raised $500 million from Goldman Sachs and Russian investment firm Digital Sky Technologies, in a deal that values the world's No.1 Internet Social Networking company at $50 billion, according to a person familiar with the matter.
The firms also plan to raise at least $1 billion in additional funding for Facebook, the person said speaking on condition of an...
Goldman, Digital Sky invest in Facebook: source
San Francisco/NEW YORK (Reuters) - Facebook has raised $500 million from Goldman Sachs and Russian Investment Firm Digital Sky Technologies, in a deal that values the world's No.1 Internet Social Networking company at $50 billion, according to a person familiar with the matter.
The firms also plan to raise at least $1 billion in additional funding for Facebook, the person said speaking on condition of anonymity.
The funding, which gives Facebook a richer valuation than established Internet gian...
Goldman, Digital Sky invest in Facebook: source
By Alexei Oreskovic and Nadia Damouni
San Francisco/NEW YORK | Mon Jan 3, 2011 7:25pm EST
San Francisco/NEW YORK (Reuters) - Facebook has raised $500 million from Goldman Sachs and Russian investment firm Digital Sky Technologies, in a deal that values the world's No.1 Internet Social Networking company at $50 billion, according to a person familiar with the matter.
The firms also plan to raise at least $1 billion in additional funding for Facebook, the person said speaking on condition of an...
Goldman's "friends" get week to mull Facebook bet
By Joseph A. Giannone and Matthew Goldstein
NEW YORK | Wed Jan 5, 2011 8:11am EST
NEW YORK (Reuters) - Goldman Sachs is not giving its multimillionaire clients a lot of time or information to think about investing in a $1.5 billion Facebook private offering.
According to a customer who received a letter from Goldman, clients were given just until the end of this week to decide whether they want a piece of the Social Networking giant.
The world's largest Investment Bank this week agreed to inv...
SEC may force Facebook flotation
Source: The Guardian
Facebook might be forced by US Regulators to take the Social Networking company public as new investors pile in
"It's a lot easier to go public than to be public," observed Veteran technology investor Frank Quattrone last year. That insight might prove doubly prophetic for Facebook, which is under fresh scrutiny about when it might take or be forced to take the Social Networking company public following a fresh $500m (£320m) round of investment led by Goldman Sachs th
Goldman Sachs Investment In Facebook Makes That $50 Billion Valuation Look More Legit
Photo: Bloomberg/Getty Images
According to Dealbook, Wall Street has made its first big Facebook move, which means an initial public offering might not be that far behind. Goldman Sachs, "considered one of Wall Street's savviest investors," is investing $450 million dollars in a deal that values Facebook at $50 billion. Although shares of Facebook in the private market have been trading on the assumption that the company is worth from $50 billion to $56 billion, that was all theoretical withou...
Facebook finds powerful 'friend' in Goldman Sachs
Social-networking giant Facebook could flex its growing might after reportedly raising 500 million US dollars from Goldman Sachs and a Russian firm in a deal valuing the website at 50 billion US dollars. The New York Times, citing sources familiar with the deal, reported Monday that Goldman had invested 450 million US dollars in Facebook and Digital Sky Technologies, a Russian Investment Firm that has already sunk about half a billion US dollars into Facebook, invested 50 million US dollars. Fac...
Facebook finds powerful 'friend' in Goldman Sachs
Social-networking giant Facebook could flex its growing might after reportedly raising 500 million dollars from Goldman Sachs and a Russian firm in a deal valuing the website at 50 billion dollars. The New York Times, citing sources familiar with the deal, reported Monday that Goldman had invested 450 million dollars in Facebook and Digital Sky Technologies, a Russian Investment Firm that has already sunk about half a billion dollars into Facebook, invested 50 million dollars. ...
Goldman invests in Facebook at $50 billion valuation - Zuckerbergs personal fortune could double
Facebook, the popular Social Networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction. The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner. The stake by Goldman Sachs, considered one of Wall Street’s savviest investors, signals the increasing might of Facebook, which has already been bearing down on giants like Google. The new money ...
At Least Five Employees Have Worked For Both Goldman Sachs And Facebook's Russian Backer (GS)
Email Sent! You have successfully emailed the post. Goldman Sachs is the latest firm to jump on the Facebook bandwagon, ponying up $450 million alongside Russian investor Digital Sky Technologies (DST). DST is no stranger to Mr. Zuckerberg. The company is a longtime, well-known stakeholder and owns almost 10% of the company. And apparently DST and Goldman aren't strangers either, although their connection is a bit more subtle. A ton of the DST's employees are former Goldmanites. We hear that th...
Report says Facebook nets $500 million investment
Social networking behemoth Facebook has raised $500 million from Goldman Sachs and a Russian Investment Firm in a deal that values the company at $50 billion, The New York Times reported. Goldman invested $450 million and Digital Sky Technologies invested $50 million, the newspaper reported Sunday in its online edition, citing people involved in the transaction that it did not name. Goldman has the right to sell part of its stake, up to $75 million, to the Russian firm. The report said represe...
Report: Facebook Nets $500 Million Investment
Monday, January 03, 2011
By Barbara Ortutay, Associated Press
In this May, 26, 2010 file photo, Facebook CEO Mark Zuckerberg talks about the social network site's new Privacy settings in Palo Alto, Calif. Facebook has raised $500 million from Goldman Sachs and a Russian Investment Firm in a deal that values the company at $50 billion, The New York Times reported. (AP Photo/Marcio Jose Sanchez, File)
New York (AP) - A reported investment by Goldman Sachs and a Russian investor of $500 m...
Goldman Invests in Facebook at $50 Billion Valuation
By Andrew Ross Sorkin and EVELYN M. RUSLI
NYT
Facebook, the popular Social Networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction.
The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.
The stake by Goldman Sachs, considered one of Wall Street’s savviest investors, signals the increasing might of Facebook, which has already been bearin...
Facebook-Goldman Sachs Deal Could Be A Test For The SEC
NEW YORK/WASHINGTON (By Joseph A. Giannone and Sarah N. Lynch): The efforts by Facebook to raise as much as $1.5 billion outside of regulated markets is the latest test of the walls between private and public markets.
Goldman Sachs this week approached its best private wealth clients with a tantalizing offer: a special fund that will own shares in the fast-growing Social Networking giant. Goldman gets to offer clients a hot investment opportunity, while Facebook gets to remain a private compan...
FACEBOOK Deal Spurs SEC Review..
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Goldman values Facebook at 50 bln US dollars: report
Social-networking giant Facebook could flex its growing might after reportedly raising 500 million US dollars from Goldman Sachs and a Russian firm in a deal valuing the website at 50 billion US dollars. Goldman has invested 450 million US dollars, and Digital Sky Technologies, a Russian Investment Firm that has already sunk about half a billion US dollars into Facebook, invested 50 million US dollars, The New York Times reported Monday, citing sources familiar with the deal....
Goldman invests $450m in Facebook
Facebook has raised $500m from Goldman Sachs and Digital Sky Technologies, the Russian Investment Firm, in a deal that values the Social Networking site at $50bn, according to the New York Times.
Goldman invested $450m and DST contributed $50m, according to people close to the transaction, the paper reported. Under the terms of the deal, Goldman can sell up to $75m of its stake to the Russian group.
EDITOR’S CHOICE
Investor rush for Facebook and Twitter...
Five Trends That Will Shape the Web in 2011
Success on the Web often boils down to the ability to tap into trends just as they are emerging. The makers of Angry Birds wouldn't have had the Hottest game of 2010 without the mainstream success of Smartphones and iPads, and Groupon might not have grown as fast had the weak economy not driven demand for online discounts.
A year ago, hardly anyone was expecting either Angry Birds or Groupon to be among the rising stars of 2010. But the underlying trends that powered their success were plain ...
Goldman's "friends" get week to mull Facebook bet
NEW YORK (Reuters) - Goldman Sachs is not giving its multimillionaire clients a lot of time or information to think about investing in a $1.5 billion Facebook private offering.
According to a customer who received a letter from Goldman, clients were given just until the end of this week to decide whether they want a piece of the Social Networking giant.
The world's largest Investment Bank this week agreed to invest $475 million into Facebook and initiated plans to raise as much as $1.5 billion ...
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