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Facebook - even worse than your worst nightmares NOW! Goldman Sachs is virtual owner! - Printable Version

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Facebook - even worse than your worst nightmares NOW! Goldman Sachs is virtual owner! - Peter Lemkin - 07-01-2012

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.





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