http://dealbook.nytimes.com/2011/01/02/goldman-invests-in-facebook-at-50-billion-valuation/
Further to the Microsoft investment at a $15 Billion valuation; Facebook has received a round of Equity funding from Goldman Sachs at a $50 Billion valuation.
What is interesting here is that Facebook continues to use private investment even up to a valuation of $50 Billion instead of going public.
ReplyDeleteBelow is another quick read from HBR that gets to the point.
http://blogs.hbr.org/fox/2011/01/why-facebook-doesnt-want-to-go-public.html
here's another article on how this is all a money game... the article reference that Facebook may go public this year (2011)
ReplyDeleteGoldman May Sell Facebook Without Warning (GS)
http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fg%2Fa%2F2011%2F01%2F06%2Fbenzinga757285.DTL
I wonder what are some implication for Facebook going public. I feel that staying private has its advantages because they would have more control for their company.