Facebook Reportedly Gets $500Million Investment Which "Values Firm At $50bn"

“Facebook has reportedly raised funds from Goldman Sachs and a Russian investor in a deal valuing the social networking site at $50bn (LSTG32.3bn). The New York Times said that Goldman was investing $450m in Facebook, and Digital Sky Technologies another $50m. The paper, citing unnamed sources, said the terms of the deal implied a value for Facebook of just over $50bn.”