Facebook Marketing News | Facebook Raises a Further $1.5bn from Investors

In todays Facebook Marketing News It looks like mercurial Facebook founder Mark Zuckerberg has used his critical film success to turn his firm Facebook into a hot investment property

This latest round of investment that happened in early january values the world's most popular social networking site at about $50bn. At $50bn, Facebook would be worth more than eBay and Time Warner. Not bad for an actor on the worlds stage...

About $1bn of the total came from overseas clients of Goldman Sachs, the Wall Street investment bank handling the share sale.

The remaining $500m came from Goldman itself, and Russia's Digital Sky Technologies who are listed on londons stock exchange

David Ebersman, Facebook's chief financial officer said "Our business continues to perform well and we are pleased to be able to bolster our cash position with this new financing,"

"With this investment completed, we now have greater financial flexibility to explore whatever opportunities lie ahead.

Facebook is said to have "no immediate plans" for the proceeds from the fundraising, but would "continue investing to build and expand its operations".

It appears that it would begin filing public financial reports on 30 April next year.

Facebook News | Facebook Raises a Further $1.5bn from Investors

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[purplepidge]

Misleading rubbish...you think the the investment was because of the film...you know NOTHING!

[drclohite]

@purplepidge good point - I am constantly learning!

[curtangeled]

Its mindblowing to think of Facebook having billions - but then, I use Facebook as regularly as I use my e-mail (if not more so).

[drclohite]

@curtangeled for many people they spend more time on facebook than any other application. For some it is all they use! I think it has gone a long way to extend internet into everyday homes, especially when you consider the social pull of families, friends and neighbours being able to have their own facebook page - a trick that linkin missed...

[BALAJIARUMUGAM1]

I LIKE HIS ACCENT..........

[drclohite]

@BALAJIARUMUGAM1 Thanks for your comment, I am English, so it really is no trouble.

[lionking22310]

great video

very interesting

[steeve9871]

nice video

[drclohite]

@sanjaymec please do!

[drclohite]

@nacole1983 yeah and they have raised the money without having something specific to invest in... So this is money raised on the basis that it has a big trust factor...

[drclohite]

wow so many comments, thanks for all your support. Will do some more you can be sure!

[lindathomas56565]

Very interesting business info on Facebook. The Web Otimiser offer sounds enticising, I am going over there now.................This video tells the more useful information. It was very useful for google users. thank you.