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Tag: "Goldman Sachs"

Who owns Facebook?

David Correll on January 20, 2011 | Facebook | Comments (0)

Facebook has recently had a valuation of $50 Billion USD after Goldman Sachs invested in the company. So who actually owns Facebook? Interestingly enough Mark Zuckerberg, his Facebook staff, and Co-Founders still own over 60% of the company. Here is the breakdown: Facebook staff: 30% Co-founder and CEO, Mark Zuckerberg: 24% Co-founder Dustin Moskovitz: 6% […]

Facebook raises $500 Million in Funding

David Correll on January 4, 2011 | Facebook | Comments (0)

Facebook has raised an additional US$500 million in a new round of Venture Capitalist Funding. Goldman Sachs has invested $450 million and Russian investment firm Digital Sky Technologies has invested $50 million. This puts Facebook at a valuation of around US$50 Billion. There has been speculation that an initial public offering (IPO) will be set […]

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