Goldman Sachs Just Bought The Facebook IPO

lloyd blankfein

By investing $450 million in Facebook at a $50 billion valuation — and helping Facebook raise as much as another $1.5 billion, as the NYT reported — Goldman Sachs got a little extra: It’s now in the driver’s seat to eventually take Facebook public.

Beyond whatever it makes on its investment, the fees will be a great bonus.


Earlier: Goldman Sachs Invests $450 Million In Facebook At A $50 Billion Valuation

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.