Kleiner Perkins Gets a Piece of Facebook

There’s so much action going on in Facebook right now, you’d think the company’s public. But, it’s not. Goldman Sachs has taken a piece of the company for $450 million and made a hefty amount available to its investors. The company is looking into the prospect of helping its employees unload another billion dollars worth of stock. Along the way, Facebook’s pre-IPO valuation has soared up to $50 billion with the employee-related transaction likely to put the company’s overall price at $60 billion.

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