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Peter Lemkin

07-01-2012, 05:51 PM
Goldman Sachs Just Bought The Facebook IPO


Dan Frommer|January 03, 2011
  • [Image: lloyd-blankfein.jpg]
By investing $450 million in Facebook at a $50 billion valuation -- and helping Facebook raise as much as another $1.5 billion, as the NYT reported -- Goldman Sachs got a little extra: It's now in the driver's seat to eventually take Facebook public.
Beyond whatever it makes on its investment, the fees will be a great bonus.




Read more: http://articles.businessinsider.com/2011...z1in9UR1I6


Earlier: Goldman Sachs Invests $450 Million In Facebook At A $50 Billion Valuation


Deep Politics Forum > Deep Politics Forum > Political, Governmental, and Economic Systems and Strategies > Facebook - even worse than your worst nightmares NOW! Goldman Sachs is virtual owner!