Goldman Sachs one of the world’s most prominent global investment banking and securities firm that is known for providing large-scale mergers and acquisitions have already invested in Facebook. They invested $450 million. Facebook also got another investments from Russia’s Digital Sky Technologies worth $50 million.
In a New York Times story, Facebook is now worth $50 billion putting them ahead of other Silicon Valleys prominent technology companies, which includes Yahoo, ebay and Time Warner. Goldman Sachs and Facebook could not be reached for comments regarding this report from New York Times.
Facebook CEO Mark Zuckerberg personal fortune was now ahead of that Google’s founder Larry Page and Sergey Brin $15 billion apiece. His personal worth could double from $6.9 billion when Facebook was valued at $23 billion.
Goldman Sachs investments in Facebook added more power to the company which just recently dethroned the internet giant Google. The new investments could also add pressure on Facebook to go public although it’s chief executive brushed aside the possibility of an initial public offering.
Goldman would raise as much as $1.5 billion from investors and will have the right to sell part of its stake, up to $75 million.
There are lots of speculations of what will happen to Facebook after this deal, some investors including the people who are working with facebook are waiting for the confirmation of this deal. Representatives from Facebook, Goldman and Digital Technologies all declined to comment.
