Facebook $50 billion

[lkdood]

Social networking site Facebook has raised USD 500 million from Goldman Sachs and Russian Internet investment group Digital Sky Technologies in a deal valuing the company at USD 50 billion, says a media report.

"Facebook, the popular social networking site, has raised USD 500 million from Goldman Sachs and a Russian investor in a deal that values the company at USD 50 billion," the New York Times reported citing a source.

The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.

 

[Mal Aiyya]

What has facebook raised the capital for?

 

[lkdood]

What has facebook raised the capital for?

The report said that the new money will give Facebook more firepower to steal away valuable employees, develop new products and possibly pursue acquisitions.

 

[dinukap4]

Damn! Worth more than yahoo!

 

[lkdood]

facebook email, facebook talk

$$$$$$$$$

 

[Mal Aiyya]

The report said that the new money will give Facebook more firepower to steal away valuable employees, develop new products and possibly pursue acquisitions.

But remember, there is always the Competition Commission, Mergers and Acquisitions Office, or whatever regulatory authority. However the thought of Facebook expanding makes me think of a epidemic plague.

 

[prasadana2]

Russia's Gona buy that? Do that have bandwidth to run it?

 

[lkdood]

Russia's Gona buy that? Do that have bandwidth to run it?

no

russian comapny has a small % of ownership

 

[lkdood]

Damn! Worth more than yahoo!

 

[roshant]

waiting for upcoming Google Me.
facebook sucks. it even do not let me add my best friend.Saying u r request may be reported as spam.

 

[Sparxrc]

no

russian comapny has a small % of ownership

yes 10% wage

 

[samila224]

ela!!

 

[හොර ගෙඩියා]

Facebook SuxX

 

[lkdood]

But remember, there is always the Competition Commission, Mergers and Acquisitions Office, or whatever regulatory authority. However the thought of Facebook expanding makes me think of a epidemic plague.

facebook is getting bigger

 

[Mal Aiyya]

Just like I told, the Facebook capital raise has twitched the eyes of the Regulatory Commission:

http://www.bloomberg.com/news/2011-...book-may-draw-sec-scrutiny-on-disclosure.html

 

[caps]

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http://www.elakiri.com/forum/showthread.php?t=1037992

 

[lkdood]

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http://www.elakiri.com/forum/showthread.php?t=1037992

Chamath is born in Sri lanka, grew up in Canada

Sri lankan Canadian

 

[lkdood]

Just like I told, the Facebook capital raise has twitched the eyes of the Regulatory Commission:

http://www.bloomberg.com/news/2011-...book-may-draw-sec-scrutiny-on-disclosure.html

very interesting thanks

 

[Mal Aiyya]

Chamath is born in Sri lanka, grew up in Canada

Sri lankan Canadian

Reminds me of Russel Peters. Ah I miss the guy's shows. Haven't seen a new one in a long time after Red, White and Brown.

 

[dinesh89]

Mmmmm