News that investment bank Goldman Sachs Group Inc. and Digital Sky Technologies, a Russian Internet investment firm, will invest a combined $500 million in the social networking site has only whetted the voracious appetite of investors seeking to own a chunk of the wildly popular but privately held company, which now has an implied value of $50 billion.
Facebook board member Peter Thiel has said Facebook would consider going public in 2012, in what would undoubtedly be one of the most anticipated initial public offerings ever in the Silicon Valley.
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Why GS is interested in FB?
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