Facebook just sold $500 million worth of stock to Goldman Sachs and Russian holding company, DST.Goldman Sachs will sell another $1.5 billion in Facebook common stock to some of its high net worth clients.
Here’s what Facebook will do with that money:
- Buy back Facebook stock from early employees (and use it to entice Google employees to defect).
- Buy 15 or so startups. (Instagram? Plixi? Foursquare?)
- Buy and build a new headquarters.
- Build more server centres.