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  • Goldman Invests in Facebook at $50 Billion Valuation

    01/02/2011 10:52:06 PM PST · by Sprite518 · 17 replies
    The New York Times ^ | 1/2/2011 | ANDREW ROSS SORKIN and EVELYN M. RUSLI
    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.