Facebook Accepts $200 Million Investment From Digital Sky Technologies

The countdown to Brandweek is on! Join us, Sept. 12-16, to identify new growth opportunities, solve challenges and connect with power players. View the lineup and secure your pass.

Facebook announced today that they had accepted an investment from Digital Sky Technologies in exchange for a 1.96 percent equity stake, valuing the company at $10 billion. The company also plans on purchasing an additional $100 million in common stock that will help Facebook employees cash out some of their vested shares.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in