Facebook worth $50 billion
Facebook has raised $1.5 billion in new financing over the last month and the huge amount of funds raised values the social network in a big way. The $1.5 billion raised put the valuation of Facebook at $50 billion.
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Facebook raised $500 million of the money within the US and $1 billion of the funds came from investors outside the US. Facebook didn’t seek the money; Goldman Sachs came to Facebook and expressed an interest in investing.
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Facebook could have taken up to $1.5 billion from overseas investors, but opted to limit the funding to $1 billion. Facebook has no current plans to use the money and is using it as a cash reserve.