Thursday, March 17, 2011

Facebook Valuation Hitting $75 Billion

rocket launch

Facebook's soaring valuation just cannot be stopped.

Institutional investors are looking to buy $1 billion worth of Facebook shares from employees at a valuation of either $60 billion or $75 billion, depending on who you ask, the Wall Street Journal reports.

For some perspective, Goldman just raised money for Facebook at a $50 billion valuation in January.

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Facebook Valuation Hitting $75 Billion


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