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New deal values Facebook at $70 billion
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The following comments relate to this news article:

New deal values Facebook at $70 billion

article published on 27 June, 2011

GSV Capital Corp adds Facebook shares to its portfolio. GSV announced on Monday that it had bought 225,000 shares of Facebook, the world's largest social networking website, at a cost of $29.28 per share. Facebook, which by one estimate hit 750 million global users recently, is threatening the Google / Yahoo / Microsoft establishment online as its worldwide traffic continues to climb. ... [ read the full article ]

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Posted Message
LordRuss
Senior Member

1 product review
_ 		28. June 2011 @ 10:33 _ Link to this message    Send private message to this user   
With these kind of numbers I'm beginning to see a 'split' coming up soon. [Like I know that much about stocks and trading all that much...] But if it's going to get this big from a 'money' standpoint, manageability becomes a huge problem. Plus the Twinkle Twins probably saw this coming as well & saw it as another reason for not dropping their little escapade either.

I'm also wondering if there isn't an indicator of a "dot com" detonation about to come about within the social network communities as well. Just something to think about.
[ + quote]
http://onlyinrussellsworld.blogspot.com
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