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Facebook Now Valued At $65 billion
Posted on Fri Mar 4, 2011 02:10 PM PDT
NEW YORK, New York (X17online) - Facebook's valuation is up 30 percent from the $50 billion valuation assumed in a January investment by Goldman Sachs and Russian investor Digital Sky Technologies, and is now worth upwards of $65 billion.
A group of ex-Facebook employees have pooled their shares, about 2.5 million, and agreed to sell them to investment firm General Atlantic for $65 million, CNBC reports.
Facebook's CEO Mark Zuckerberg, must approve all transfer of shares to finalize the deal.
Links:
The Social Network
COMMENTS
Posted by: erric
wow!!!
that's really a big amount
and it's said the traffic of facebook had ever over google
