3/4/11

Facebook valuation of 650 million: 30% increase in two months


The morning of March 4, according to foreign media reports, the U.S. investment firm General Atlantic plans to buy 0.1% of Facebook shares, and give the company a valuation of $ 65,000,000,000.

According to reports, this is about 250 million shares Lg LB62115E and Lg BTY-M52, mainly from the Facebook former employees. But the transaction is not over yet, still need to get Facebook's permission.

General Atlantic and Facebook declined to comment.

January of this year, Facebook announced the valuation of around 500 billion dollars, from Goldman Sachs, Digital Sky Lg LB65117E Technologies and other institutional investors to raise 1.5 billion dollars. Now, the valuation of the world's largest social networking site reached 65 billion U.S. dollars, an increase of 30%.

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From: http://lawrenceluo.blog.com