Goldman Invests in Facebook at $50 Billion Valuation

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Photo: Tony avelar/bloomberg news

Goldman Invests in Facebook at $50 Billion Valuation

New York Times by Andrew Ross Sorkin, Evelyn M. Rusli | Jan. 3, 2011 (News)

(Blog Post) New money will give Facebook power to steal away employees, develop products and possibly pursue acquisitions, all without being publicly traded. Full Story »

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by Jon Mitchell - Jan. 3, 2011

It's balanced coverage, but not quite balanced enough. It does seem to react to the announcement with the appropriate level of shock, but it doesn't raise the specter of the tech bubble or discuss how much Facebook is really WORTH in any concrete sense.

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