Tuesday, 28 June 2011

GSV takes stake in Facebook, valuing it at $70 billion

NEW YORK (Reuters) - Investment fund GSV Capital Corp has taken a small stake in Facebook that values the world's No. 1 social networking site at about $70 billion. The investment fund said on Monday that it had bought 225,000 shares in Facebook at an average price of $29.28 each. Facebook has ...


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  • GSV takes stake in Facebook, valuing it at $70 billion ... The Facebook logo is shown at Facebook headquarters in Palo Alto, California May 26, 2010.
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  • GSV takes stake in Facebook, valuing it at $70 bln ... stake in Facebook , valuing it at $70 bln - Reuters; GSV takes stake in Facebook , valuing it at $70 billion ...

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