The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.
Monday, January 3, 2011
Facebook Worth $50 Billion?
Facebook has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to the New York Times.
The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.
The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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