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Facebook now valued at around $65 billion
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The following comments relate to this news article:

Facebook now valued at around $65 billion

article published on 15 August, 2011

Interpublic Group has sold out part of their small stake in the social networking giant, valuing the company at $65 billion. The ad company bought a 0.5 percent stake in 2006, when Facebook was a toddler, and the company has sold half of that today for $133 million. Because they bought in so early, the company says it expects a "pre-tax gain of $132 million" on the transaction. ... [ read the full article ]

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Posted Message
LordRuss
Senior Member

1 product review
_ 		15. August 2011 @ 18:12 _ Link to this message    Send private message to this user   
Paint me pink & call me morbid... I hope they don't trip-up with some kind of "sitting on Chinese server farms" scandal.
[ + quote]
http://onlyinrussellsworld.blogspot.com
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