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Social Applications New Facebook Investment Implies a $50 Billion Valuation
Will Goldman Sachs be the one to take Facebook public in 2012?
By: Jeremy Geelan
Jan. 3, 2011 08:00 AM
The New York Times is reporting that Goldman Sachs has invested $450 million in Facebook, with the Russian investment firm Digital Sky Technologies, which has already invested $500 million in Facebook, investing $50 million more. The new half-billion round of investment, says the Times, values the company at $50 billion.
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