Facebook Gets Another $40+ Million
Back in November I wrote that the Hong Kong billionairem, Li Ka-Shing has invested $60 million at the $15 billion valuation Microsoft had set on Facebook. According to Marketwatch, the original investment has been raised to over $100 million. This would give Li Ka-Shing almost 1 percent of Facebook.
Facebook has been raising as much money as possible at their current valuation because it has enabled to run in the red for a while and has empowered them to acquire new employees (and steal
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