07-01-2012, 05:51 PM
Goldman Sachs Just Bought The Facebook IPO
Dan Frommer|January 03, 2011
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
Dan Frommer|January 03, 2011
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
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass