Goldman Invests $450m In Facebook 228
Posted
by
CmdrTaco
from the super-poke-me dept.
from the super-poke-me dept.
An anonymous reader writes "The news that Goldman has taken a stake in Facebook, the white-hot social networking giant, has tongues wagging from Wall Street to Silicon Valley. As first reported by DealBook, Goldman has invested $450 million in a deal that values Facebook at $50 billion. As part of the deal, Goldman is looking to raise as much as $1.5 billion from its wealthy clients to invest in Facebook alongside the firm."
Goldman Sachs .... Facebook .... Wall Street ... (Score:5, Funny)
Man, they never listen to me (Score:5, Funny)
Tulip bulbs, I tried to tell them. Tulip bulbs! That's the future of finance, right there!
Re:Can't resist ... (Score:4, Funny)
Maybe they decided it was about time to invest in something successful
What a relief! (Score:5, Funny)