Facebook Valuation Soars Again: $65 billion
Private company posts a 30 percent surge in implied value in only six weeks. Employees seem ready to cash in.
The rapid ascent remains unbroken, it seems. Earlier this year – and this year is still in its infancy – Facebook attained a $50 billion implied valuation thanks to an investment by Goldman Sachs. Only weeks later, the social media giant was looking to help employees move $1 billion in privately held stock at a valuation 20 percent higher ($60 billion). Now, a deal that is nearing completion could add another 8 percent to the company that has yet to be traded publicly.
According to a report by CNBC, investment firm General Atlantic, which has $17 billion in assets under management, is poised to take a small stake in the company at a $65 billion implied valuation.
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